AZ SB1274

Amends Laws 2021, chapter 266, section 9 to modify tax refund procedures related to computer data centers and transaction privilege tax (TPT).

Establishes December 31, 2021 deadline for submitting refund claims based on retroactive application of certain tax exemptions, with failure to file constituting a waiver of the claim.

Caps aggregate refund amount at $10,000 for claims filed between December 31, 2020 and December 31, 2021, with proportional reduction if total claims exceed this limit.

Waives interest on refunds paid before July 1, 2022, but allows interest accrual after June 30, 2022 pursuant to standard statute provisions.

Applies retroactively to taxable periods beginning from and after December 31, 2021, and was approved by the Governor on April 18, 2023.