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AZ HB2297
Bill
Status
Introduced
5/2/2019
Primary Sponsor
Randall Friese
Click for details
AI Summary
- Increases the corporate minimum tax from $50 to $500 for Arizona corporations.
- Maintains the existing graduated corporate income tax rate structure at 4.9 percent for taxable years beginning after December 31, 2016.
- Applies to taxable years beginning from and after December 31, 2019.
- Requires an affirmative vote of at least two-thirds of both chambers of the legislature to enact.
Legislative Description
Corporate minimum income tax
Corporate Income Taxes
Last Action
Assigned to House RULES Committee
5/2/2019
Full Bill Text
No bill text available