AZ HB2058

Amends Arizona Revised Statutes section 42-18053 regarding interest on delinquent property taxes.

Maintains existing 16 percent per year simple interest rate on delinquent taxes, with exceptions for assessor/treasurer errors and full-year tax payments by December 31.

Adds new provision allowing county treasurers to waive interest and penalties on delinquencies occurring within one year after a mortgage or deed of trust is satisfied or released on the property.

Limits the waiver to one time per property, preventing multiple claims by the same taxpayer.