AZ HB2282

Expands the joint legislative tax expenditure review committee to review transaction privilege and use tax expenditures under title 42, chapter 5 in addition to income tax credits, using the same evaluation standards.

Establishes a ten-year review schedule for transaction privilege tax expenditures, with committee recommendations due to legislative leaders and governor by December 15 of each review year.

Defines "tax expenditure" as any provision exempting persons, income, goods, services or property from established taxes, including deductions, exclusions, exemptions, allowances and credits.

Changes the committee name from "joint legislative income tax credit review committee" to "joint legislative tax expenditure review committee" throughout statutes.

Requires new income tax credits to include a specific review year and purpose clause explaining the rationale, objectives and economic benefits, including job creation and wage information.