AZ HB2263

Amends Arizona Revised Statutes sections 41-1518, 43-1083.02, and 43-1164.03 to add annual reporting requirements for tax credit recipients.

Requires qualified investors claiming capital investment tax credits to report to the Arizona Commerce Authority by May 15 each year on the number of jobs created by the small businesses that received their investments.

Requires claimants of renewable energy production tax credits to report to the Department of Revenue by May 15 each year on electricity generated from qualified and nonqualified energy resources, and employment in renewable energy manufacturing, installation, and service businesses.

Directs the Arizona Commerce Authority and Department of Revenue to submit compiled annual reports to the legislative leadership and Joint Legislative Budget Committee by June 15 each year based on the information received from tax credit claimants.

Makes nonsubstantive formatting changes, including converting written-out dollar amounts and fractions to numeric format in the renewable energy tax credit sections.