Arizona 2023 Regular Session

Arizona Senate Bill SB1219

Caption

Municipal real property; sale; valuation

Impact

The impact of SB1219 on state laws is significant as it establishes a clearer process for local governments in Arizona to follow when managing valuable municipal assets. By requiring a public vote for property sales over a specified value, it emphasizes transparency and community involvement, ensuring that decisions are made with the consent of the electorate rather than solely by local officials. This legislative change aims to protect municipal assets from being sold without public approval.

Summary

SB1219 amends section 9-403 of the Arizona Revised Statutes relating to the sale of municipal real property. The primary focus of the bill is on the process that local governments must follow when considering the sale of real estate valued at over two and a half percent of their net assessed property value. According to the bill, any such sale would require authorization through a special election held within the local jurisdiction, allowing voters to have a direct say in whether the property should be sold or not.

Contention

Notable points of contention surrounding SB1219 may arise from the debate over local governance versus direct democracy. Proponents of the bill argue that requiring a referendum ensures that taxpayers have a voice in significant financial decisions made by their city or town, potentially preventing mismanagement or hasty sales. Conversely, critics may view this requirement as an added bureaucratic obstacle that could delay necessary transactions or hinder local governments' ability to respond swiftly to opportunities for community enhancement.

Companion Bills

No companion bills found.

Previously Filed As

AZ SB1335

Public notice; municipal land sales

AZ HB2132

Municipal land sales; public notice

AZ HB2098

Property sale; redemption; tax liens

AZ SB1652

Municipal improvement districts; petitions; authorization

AZ HB2196

Commercial property assessed financing

AZ HB2087

Self-storage facilities; valuation; vehicles; towing

AZ HB2521

Partition; property; inheritance

AZ HB2518

Municipalities; housing needs assessment; zoning

AZ HB2719

Bond elections; date; supermajority vote

AZ HCR2062

Date; bond elections; voter turnout

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HI HB1398

Relating To Property.