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Property Tax Legislation 2019

Property Tax Legislation 2019. REPORT TO THE 102 ND ARIZONA TAX CONFERENCE. YOUR ASSOCIATION. ONE VOICE. MEMBER-FOCUSED VOLUNTEER-LED. Founded in 1968, AACo is the only statewide association representing Arizona’s county elected officials and the governments they serve.

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Property Tax Legislation 2019

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  1. Property Tax Legislation 2019 REPORT TO THE 102ND ARIZONA TAX CONFERENCE

  2. YOUR ASSOCIATION. ONE VOICE. MEMBER-FOCUSED VOLUNTEER-LED Founded in 1968, AACo is the only statewide association representing Arizona’s county elected officials and the governments they serve. Nonprofit association: 2 branches Arizona Association of Counties 501(c)(6) AACo Foundation 501(c)(3) Led by volunteer Board of Directors: 1 representative of every county 1 representative of every elected county office 5 officers elected by membership

  3. IMPLEMENTATION Effective dateS Legislation can have an emergency effective date, general effective date or delayed effective date. General effective date: August 27, 2019 this year (90 days after session ends). Vast majority of bills passed. Emergency effective date: Effective when signed. No ability to refer to voters. Delayed effective date: Effective at a later date as set by law. Mostly for major transformations.

  4. WHERE IS THE BILL WHERE TO LOOK Legislative information is available freely at AZLeg.gov. Chaptered versions are the final and effective versions. Search for bills under the Bills tab or by their number in the search field in the top right.

  5. PROPERTY TAX EXEMPTIONS Targeted exemptions reform HB2074 on Educational Exemptions: Adds residential treatment and educational facilities (schools for wards of the state) to the educational property exemption. SB1300 on Low-Income Housing Exemptions: Rewrites A.R.S. 42-11133 to allow for non-profits with LIHTC or another restrictive covenant and less than 200 units instead of residents to qualify.

  6. BUSINESS PERSONAL PROPERTY RESPONSES TO GOVERNMENTAL ACTION HB2097 on Agricultural Personal Property Reporting: Assessors can not require someone to apply for the ability to not report exempt personal property. HB2493 on Solar Panel Valuation: Values all solar panels whether owned or leased on a 10-year lifecycle with a new 10-year accelerated depreciation table.

  7. AGRICULTURAL PROPERTY DROUGHTS & DIVERSIFICATION HB2095 on Agricultural Property During Droughts: Clarifies that a temporary or partial drought allows a property to be inactive and qualify for the agricultural status. HB2556 on Agritourism for Agricultural Status: Allows a property that is used to educate or entertain the public about rural life and that is connected and directly related to a business making income off of agriculture can qualify for agricultural status. This Photo by Unknown Author is licensed under CC BY-SA-NC

  8. GENERAL APPRAISAL CHANGES TO VALUATION METHODS SB1235 on Improvements on Possessory Rights: Allows for improvements on possessory rights to have a limited property value and that their delinquent tax procedures will align with real property deadlines. They are still on the personal property rolls. SB1248 on Rule B / Property Reappraisal: Puts a new trigger of a 15% change of value in one year due to modification for the reappraisal of property or a Rule B valuation. This Photo by Unknown Author is licensed under CC BY-SA

  9. TAX COLLECTION FLEXIBILITY AND NEW DEMANDS HB2095 also on Property Tax Payment Plans: Allows County Treasurers to enter into payment plans with taxpayers for up to 36 months for delinquent taxes of more than $1,000 and charge a fee of up to $150 for the administrative costs. SB1033 on Tax Statements to Mortgagees: Requires County Treasurers to send tax statements to the mortgagee on request. The form of the tax statement may be in any form the Treasurer determines.

  10. TAX LIENS CLOSING LOOPHOLES ON ABUSERS SB1236 on Tax Lien Certificate Expirations: Outstanding fees are included in the total for the sale. Ties the 10 year window to foreclose on a tax lien to the initial purchase instead of allowing it to be renewed with the issuance of tax liens. HB2363 on Tax Lien Sales: Allows County Treasurers to ban a bidder from the tax lien auction if they fail to pay for up to one year. Requires that the successful bidder has 15 days to pay from the date the Treasurer sets.

  11. FAILED BILLS Topics to watch for the future Property Tax Exemption Referendum (HB2551 & HCR2023): An ongoing effort to reinstate the now-defunct disabled veterans property tax exemption and other at-risk property exemptions. Renewable Energy Storage Valuation (HB2617): Among other things, stipulated that renewable energy storage devices get the favorable treatment for renewable energy equipment. Pipeline Valuation (SB1445): An attempt to enshrine pipeline industry belief on an additional obsolescence discount into law in the wake of the Transwestern Pipeline Case.

  12. Advancing Arizona’s Counties LEADERSHIP ADVOCACY EDUCCATION RESEARCH For questions or follow up: Ryan Boyd rboyd@azcounties.org Office: 602-252-6563 ext. 223 Cell: 602-350-5537

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