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AZ HB2383
Bill
Status
Engrossed
2/26/2026
Primary Sponsor
Matt Gress
Click for details
AI Summary
- School district governing boards may lease school property to any person for housing development projects, subject to existing statutory requirements
- Property and buildings leased from school districts are eligible for tax exemption under section 42-11104 only if used for education purposes, not for housing developments
- Property leased from school districts is explicitly excluded from the affordable housing property tax exemption under section 42-11133
- Proceeds from all school property leases must be used for payment of outstanding bonded indebtedness or reduction of school district taxes
- The bill removes previous exemptions that allowed lease proceeds to be spent on maintenance, operations, or capital outlay under certain circumstances
Legislative Description
School districts; leases; housing development
School Districts
Last Action
Senate read second time
3/10/2026
Committee Referrals
Rules3/9/2026
Education Accountability and Reform2/26/2026
Rules1/20/2026
Education1/20/2026
Full Bill Text
No bill text available