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AZ HCR2029

Concurrent Resolution

Status

Introduced

1/23/2023

Primary Sponsor

Alexander Kolodin

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • Proposes a referendum measure to repeal Title 43, Chapter 10 of the Arizona Revised Statutes, which governs individual income tax in Arizona.

  • Repeals the personal income tax effective for taxable years beginning on or after December 31, 2024.

  • Directs the Legislative Council Staff to prepare conforming legislation for the fifty-seventh legislature's first regular session to align other state laws with the repeal.

  • Submits the measure to Arizona voters at the next general election for approval.

  • Includes voter findings that government has not spent tax revenue as efficiently as if kept private and that personal income tax represents only a minority of state revenue due to other available revenue streams.

Legislative Description

Income tax; individuals; repeal

Repeal

Last Action

House read second time

1/24/2023

Committee Referrals

Rules1/23/2023
Ways and Means1/23/2023

Full Bill Text

No bill text available