AZ HB2015

Requires any new transaction privilege or use tax expenditure enacted by the legislature to include a specific repeal date no later than December 31 of the eighth full calendar year following enactment.

Requires any new individual or corporate income tax credit enacted by the legislature to include a specific review year for the joint legislative income tax credit sunset review committee (within eight years of enactment) and a specific repeal date from and after December 31 of that review year.

Amends the joint legislative income tax credit sunset review committee's authority to review existing tax credits and establish evaluation standards based on history, economic benefit, job creation, and administrative complexity.

Extends the termination date of the joint legislative income tax credit sunset review committee from July 1, 2022 to July 1, 2028.

Adds the Department of Education as an authorized recipient of confidential tax information for verifying income eligibility to classify students as low-income under section 15-2402.