AZ HB2794

Adds a new permanent tax rate override option allowing fire districts to permanently exceed the $3.25 per $100 assessed valuation limit up to $4.25 per $100, with annual increases capped at 2% until reaching the authorized rate.

Requires voter approval at a regularly scheduled general election for the new permanent override option under section 48-807, subsection G, paragraph 3.

Mandates that override election calls must specify the new maximum tax rate proposed for the permanent tax rate limit override.

Modifies existing override options so districts may use only one of three options: permanent override at $3.25 limit, five-year override for declining valuations, or the new $4.25 permanent override.