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AZ HB2016

Bill

Official Source

Status

Engrossed

2/23/2026

Primary Sponsor

Michael Way

Click for details

Origin

House of Representatives

Fifty-seventh Legislature - Second Regular Session (2026)

AI Summary

  • Exempts taxpayers from late filing penalties under Arizona Revised Statutes 42-1125 when the tax required to be shown on a transaction privilege tax or use tax return is zero
  • Exempts taxpayers from late filing penalties for taxes imposed under Title 43, Chapter 10 (relating to individual income tax) when the taxpayer's total liability is zero
  • Standard late filing penalty remains at 4.5% per month of tax due (up to 25% maximum) for returns with actual tax liability
  • Applies retroactively to taxable periods beginning from and after December 31, 2025

Legislative Description

Tax returns; late filing; penalties

Penalties

Last Action

Senate read second time

2/26/2026

Committee Referrals

Rules2/23/2026
Finance2/23/2026
Rules1/12/2026
Ways and Means1/12/2026

Full Bill Text

No bill text available