Arizona 2024 Regular Session

Arizona House Bill HB2524 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	REFERENCE TITLE: property taxes; elderly assistance fund State of Arizona House of Representatives Fifty-sixth Legislature Second Regular Session 2024 HB 2524 Introduced by Representative Sun An Act amending section 11-495, Arizona Revised Statutes; amending title 41, chapter 1, article 4, Arizona Revised Statutes, by adding section 41-181; repealing title 42, chapter 17, article 8, Arizona Revised Statutes; relating to the elderly assistance fund. (TEXT OF BILL BEGINS ON NEXT PAGE)
2	2
3	3
4	4
5	5
6	6
7	7
8	8
9	9	REFERENCE TITLE: property taxes; elderly assistance fund
10	10	State of Arizona House of Representatives Fifty-sixth Legislature Second Regular Session 2024
11	11	HB 2524
12	12	Introduced by Representative Sun
13	13
14	14	REFERENCE TITLE: property taxes; elderly assistance fund
15	15
16	16
17	17
18	18
19	19
20	20
21	21
22	22	State of Arizona
23	23
24	24	House of Representatives
25	25
26	26	Fifty-sixth Legislature
27	27
28	28	Second Regular Session
29	29
30	30	2024
31	31
32	32
33	33
34	34
35	35
36	36	HB 2524
37	37
38	38
39	39
40	40	Introduced by
41	41
42	42	Representative Sun
43	43
44	44
45	45
46	46
47	47
48	48
49	49
50	50
51	51
52	52
53	53
54	54
55	55
56	56
57	57
58	58
59	59
60	60	An Act
61	61
62	62
63	63
64	64	amending section 11-495, Arizona Revised Statutes; amending title 41, chapter 1, article 4, Arizona Revised Statutes, by adding section 41-181; repealing title 42, chapter 17, article 8, Arizona Revised Statutes; relating to the elderly assistance fund.
65	65
66	66
67	67
68	68
69	69
70	70	(TEXT OF BILL BEGINS ON NEXT PAGE)
71	71
72	72
73	73
74	74	Be it enacted by the Legislature of the State of Arizona: Section 1. Section 11-495, Arizona Revised Statutes, is amended to read: START_STATUTE11-495. Taxpayers' information fund A. A taxpayers' information fund is established in each county treasury consisting of monies collected from the public records copy surcharge imposed pursuant to section 11-496, the tax lien processing fee imposed pursuant to section 42-18116, subsection C, fifteen dollars $15 of each judgment deed fee collected pursuant to section 42-18205, subsection A, interest earned from the elderly assistance fund pursuant to section 42-17401, the community facilities district special assessment fee imposed pursuant to section 48-721 and the fees authorized for collecting municipal fire and emergency services fees in certain areas of the county as prescribed in section 9-500.23. B. The county treasurer shall administer the fund and spend monies in the fund only to defray the cost of converting or upgrading an automated public information system as follows: 1. Purchasing computer hardware and software. 2. Training employees to operate the system. 3. Maintaining the system, including purchasing equipment maintenance agreements. 4. Updating the system hardware and software. 5. In counties with a population of more than two million persons, notifying property owners of the tax and ownership status of a taxpayer's parcel prior to the taxpayer's parcel being sold at a deed sale and the tax and ownership status of any parcels being sold at a deed sale that are adjacent to a taxpayer's parcel, prior to the deed sale. C. The county treasurer shall annually submit to the board of supervisors the amount of anticipated revenues under this section. If the projected revenues are considered to be insufficient to establish and maintain the fund at an adequate level, the monies may accumulate until sufficient monies are available in the fund. END_STATUTE Sec. 2. Title 41, chapter 1, article 4, Arizona Revised Statutes, is amended by adding section 41-181, to read: START_STATUTE41-181. Elderly assistance fund; primary school district tax reduction; qualified individuals; exemption; definition A. The elderly assistance fund is established consisting of legislative appropriations for the purpose of reducing a qualified individual's primary school district taxes. monies in the fund are continuously appropriated. B. The state treasurer shall administer the fund and shall invest and divest monies in the fund as provided by section 35-313. monies earned from investment shall be credited to the fund. C. The state treasurer shall distribute the monies in the elderly assistance fund to each county treasurer to reduce the primary school district taxes of qualified individuals in that county. D. On or before June 30 of each year, each county treasurer shall determine the total number of qualified individuals who live in the county and report that number to the state treasurer. if a county treasurer fails to provide this information to the state treasurer by the date prescribed in this subsection, the state treasurer shall not distribute the monies to that county that would otherwise be distributed from the elderly assistance fund for the following fiscal year. E. Each year, the state treasurer shall determine the following: 1. The total amount of monies in the elderly assistance fund. 2. The total number of qualified individuals statewide as reported by each county treasurer pursuant to subsection D of this section. 3. The total amount of monies to distribute to each county treasurer to proportionately reduce the primary school district taxes pursuant to subsection C of this section. F. Each county treasurer shall use the monies distributed by the state treasurer pursuant to subsection C of this section to proportionately reduce the primary school district taxes that are levied against the property of all qualified individuals in that county for the following tax year. G. Monies in the elderly assistance fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations. H. For the purposes of this section, "qualified individual" means an individual who lives in an organized school district and who is approved for the property valuation protection option pursuant to article IX, section 18, subsection (7), Constitution of Arizona. END_STATUTE Sec. 3. Repeal Title 42, chapter 17, article 8, Arizona Revised Statutes, is repealed. Sec. 4. Effective date This act is effective from and after December 31, 2024.
75	75
76	76	Be it enacted by the Legislature of the State of Arizona:
77	77
78	78	Section 1. Section 11-495, Arizona Revised Statutes, is amended to read:
79	79
80	80	START_STATUTE11-495. Taxpayers' information fund
81	81
82	82	A. A taxpayers' information fund is established in each county treasury consisting of monies collected from the public records copy surcharge imposed pursuant to section 11-496, the tax lien processing fee imposed pursuant to section 42-18116, subsection C, fifteen dollars $15 of each judgment deed fee collected pursuant to section 42-18205, subsection A, interest earned from the elderly assistance fund pursuant to section 42-17401, the community facilities district special assessment fee imposed pursuant to section 48-721 and the fees authorized for collecting municipal fire and emergency services fees in certain areas of the county as prescribed in section 9-500.23.
83	83
84	84	B. The county treasurer shall administer the fund and spend monies in the fund only to defray the cost of converting or upgrading an automated public information system as follows:
85	85
86	86	1. Purchasing computer hardware and software.
87	87
88	88	2. Training employees to operate the system.
89	89
90	90	3. Maintaining the system, including purchasing equipment maintenance agreements.
91	91
92	92	4. Updating the system hardware and software.
93	93
94	94	5. In counties with a population of more than two million persons, notifying property owners of the tax and ownership status of a taxpayer's parcel prior to the taxpayer's parcel being sold at a deed sale and the tax and ownership status of any parcels being sold at a deed sale that are adjacent to a taxpayer's parcel, prior to the deed sale.
95	95
96	96	C. The county treasurer shall annually submit to the board of supervisors the amount of anticipated revenues under this section. If the projected revenues are considered to be insufficient to establish and maintain the fund at an adequate level, the monies may accumulate until sufficient monies are available in the fund. END_STATUTE
97	97
98	98	Sec. 2. Title 41, chapter 1, article 4, Arizona Revised Statutes, is amended by adding section 41-181, to read:
99	99
100	100	START_STATUTE41-181. Elderly assistance fund; primary school district tax reduction; qualified individuals; exemption; definition
101	101
102	102	A. The elderly assistance fund is established consisting of legislative appropriations for the purpose of reducing a qualified individual's primary school district taxes. monies in the fund are continuously appropriated.
103	103
104	104	B. The state treasurer shall administer the fund and shall invest and divest monies in the fund as provided by section 35-313. monies earned from investment shall be credited to the fund.
105	105
106	106	C. The state treasurer shall distribute the monies in the elderly assistance fund to each county treasurer to reduce the primary school district taxes of qualified individuals in that county.
107	107
108	108	D. On or before June 30 of each year, each county treasurer shall determine the total number of qualified individuals who live in the county and report that number to the state treasurer. if a county treasurer fails to provide this information to the state treasurer by the date prescribed in this subsection, the state treasurer shall not distribute the monies to that county that would otherwise be distributed from the elderly assistance fund for the following fiscal year.
109	109
110	110	E. Each year, the state treasurer shall determine the following:
111	111
112	112	1. The total amount of monies in the elderly assistance fund.
113	113
114	114	2. The total number of qualified individuals statewide as reported by each county treasurer pursuant to subsection D of this section.
115	115
116	116	3. The total amount of monies to distribute to each county treasurer to proportionately reduce the primary school district taxes pursuant to subsection C of this section.
117	117
118	118	F. Each county treasurer shall use the monies distributed by the state treasurer pursuant to subsection C of this section to proportionately reduce the primary school district taxes that are levied against the property of all qualified individuals in that county for the following tax year.
119	119
120	120	G. Monies in the elderly assistance fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
121	121
122	122	H. For the purposes of this section, "qualified individual" means an individual who lives in an organized school district and who is approved for the property valuation protection option pursuant to article IX, section 18, subsection (7), Constitution of Arizona. END_STATUTE
123	123
124	124	Sec. 3. Repeal
125	125
126	126	Title 42, chapter 17, article 8, Arizona Revised Statutes, is repealed.
127	127
128	128	Sec. 4. Effective date
129	129
130	130	This act is effective from and after December 31, 2024.