HB 2213 Summary

• Shifts responsibility for calculating and submitting excise tax returns from prime lessees to government lessors, who must now calculate taxes and submit returns to county treasurers with copies to prime lessees.

• Requires government lessors to maintain public databases of all active leases subject to the tax, post lease agreements on county/city/town websites, and submit current database links to the Department of Revenue for aggregation on the state website.

• Limits lease terms for government property improvements with tax abatement in central business districts to a maximum of 8 years (including abatement period) for agreements approved after December 31, 2016, and requires conveyance of title to the prime lessee within 12 months after lease expiration.

• Changes interest rate reference from A.R.S. 42-1123 to A.R.S. 42-18053 for unpaid taxes and overpayments on government property leases.

• Requires county treasurers to report annually to the Department of Revenue, each affected government lessor, and the Joint Legislative Budget Committee on all returns and payments received for government property lease excise taxes.