AZ HB2025

Amends Arizona Revised Statutes Section 42-18053 to allow county treasurers to waive interest and penalties on delinquent property taxes occurring within one year after a mortgage or deed of trust is satisfied or released on the property.

Waiver requires approval from the county board of supervisors and is limited to one waiver per property.

Maintains existing 16 percent annual simple interest rate on delinquent taxes with exceptions for errors by county assessor or treasurer, and for full-year tax payments by December 31 of the tax year.

Clarifies that the December 31 full-year payment deadline applies to taxes under $100, regardless of payment method.