AZ HB2376

Requires express legislative consent through joint resolution signed by the governor before the federal government can acquire privately owned real property in Arizona that would remove it from state, county, and municipal property tax rolls.

Mandates escrow agents and private property sellers notify the Speaker of the House and President of the Senate when selling property to the federal government, with a request for legislative approval under the consent requirement.

Grants Arizona a right of first refusal to purchase private real property that the federal government is attempting to acquire through sale, gift, grant, or other transfer of ownership interest.

Establishes a joint legislative committee to review and approve or deny federal land acquisition requests, with denial triggering the state's right of first refusal to purchase the property.

Imposes civil penalties of $500 to $1,000 for failure to notify legislative leadership of federal land sales and excludes certain HUD, VA, and FHA-insured deeds and mortgages from these requirements.