AZ SB1019

Establishes sunset dates for individual and corporate income tax credits, with specific repeal dates scheduled between 2019 and 2029, allowing the joint legislative income tax credit sunset review committee to evaluate credits before expiration.

Requires all new income tax credits enacted by the legislature to include a specific repeal date no later than December 31 of the tenth full calendar year following enactment and a purpose clause explaining the credit's rationale.

Requires all new transaction privilege and use tax credits to include a specific repeal date no later than December 31 of the tenth full calendar year following enactment.

Extends the sunset dates for telecommunications services revenue reduction credit and accounting and reporting expenses credit through December 31, 2028.

Requires a two-thirds affirmative vote in each house of the legislature for enactment and becomes effective immediately upon the governor's signature or upon a three-fourths vote override of a gubernatorial veto.