SB1559 Summary

• Extends the deadline for Native American veterans to file income tax settlement claims from December 31, 2019 to December 31, 2022, allowing claims for Arizona state income taxes withheld from military pay between July 1, 1977 and January 1, 2006.

• Extends the reversion date of unexpended monies in the Veterans' Income Tax Settlement Fund from June 30, 2021 to June 30, 2024, allowing the fund to continue operating beyond the original sunset date.

• Extends the requirement for annual reporting to the legislature on the veterans' income tax settlement program from 2021 through 2024, including claims data, expenditures, and anticipated appropriations.

• Repeals Laws 2016, chapter 125, sections 19 through 26 effective December 31, 2024, establishing a new sunset date for the entire Native American veterans tax settlement program.

• Applies the amendments retroactively from and after December 31, 2019.