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AZ HB2664
Bill
Status
4/30/2018
Primary Sponsor
David Livingston
Click for details
AI Summary
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Amends the financial services fund to broaden its use from supervising loan originators to discharging all duties imposed by law on the department.
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Modifies school district desegregation funding to allow use of secondary property taxes (without voter approval) beginning in fiscal year 2018-2019, instead of requiring primary property tax levies.
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Reduces job creation withholding tax allocations to $21,500,000 annually (from $26,500,000) for the Arizona Commerce Authority fund and $11,500,000 annually (from $16,500,000) for the Arizona Competes fund, starting in fiscal year 2018-2019.
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Adds subtraction from Arizona gross income for military retirement pay of $3,500 (increased from $2,500) for taxable years beginning after December 31, 2018.
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Modifies highway appropriations and distributions, establishes gaming revenue deposits for boxing and mixed martial arts regulation, suspends insurance fee adjustments for fiscal year 2018-2019, and authorizes agricultural fee adjustments.
Legislative Description
Revenues; budget reconciliation; 2018-2019.
Budget Bills
Last Action
House Committee of the Whole action: Do Pass Amended
5/3/2018