AZ HB2074

Adds "residential treatment and education facility" to Arizona's property tax definitions, defined as any residential facility subject to title 15, chapter 10, article 6.

Extends property tax exemption to nonprofit organizations operating residential treatment and education facilities on property they own, if the property is used for education and not for profit.

Classifies property leased to residential treatment and education facilities as class nine property for tax purposes, allowing reduced tax classification similar to charter schools.

Extends exemption to property leased to residential treatment and education facilities by educational, religious, or charitable organizations, matching existing exemptions for charter schools.

Applies retroactively to taxable years beginning after December 31, 2018.