AZ HB2757

Prohibits taxpayers from selling or transferring tax credits allowed under specific Arizona tax law provisions to other taxpayers.

Establishes that any income tax credits enacted after December 31, 2020 are not refundable.

Increases the subtraction for retired or retainer pay of uniformed services of the United States from $2,500 to $3,500 for taxable years beginning after December 31, 2018.

Applies the amended subtraction provisions retroactively to taxable years beginning after December 31, 2019.