REFERENCE TITLE: property tax; judgment; excess payments State of Arizona House of Representatives Fifty-seventh Legislature First Regular Session 2025 HB 2934 Introduced by Representative Crews AN ACT amending section 42-16214, Arizona Revised Statutes; relating to property tax appeals. (TEXT OF BILL BEGINS ON NEXT PAGE)
REFERENCE TITLE: property tax; judgment; excess payments
State of Arizona House of Representatives Fifty-seventh Legislature First Regular Session 2025
HB 2934
Introduced by Representative Crews
REFERENCE TITLE: property tax; judgment; excess payments
State of Arizona
House of Representatives
Fifty-seventh Legislature
First Regular Session
2025
HB 2934
Introduced by
Representative Crews
AN ACT
amending section 42-16214, Arizona Revised Statutes; relating to property tax appeals.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona: Section 1. Section 42-16214, Arizona Revised Statutes, is amended to read: START_STATUTE42-16214. Refund or credit of excess payments; prohibition A. If judgment is awarded to a taxpayer who paid the taxes to the county treasurer: 1. The county treasurer of the county in which the property is located shall pay the judgment out of monies collected from property taxes during the next fiscal year for the county, unless there are sufficient amounts available in funds budgeted for that purpose by the county to allow an immediate refund, or, if both parties agree, the amount of the judgment may be credited toward any taxes due to the county that may be remaining due on the property that is the subject of the appeal, subject in either case to the approval of the board of supervisors. 2. The amount of the judgment shall may not be subtracted from the amounts due to taxing jurisdictions in the next a SUBSEQUENT fiscal year. in proportion to the amount each received from the appellant's overpayment of taxes. The affected taxing jurisdictions shall include in their budgets for the next fiscal year the proportional amount of the judgment for which each is liable. Any increase in the budget because of the portion of the judgment being included is not subject to any budget limitation that may be prescribed by law. 3. Interest at the legal rate on the overpayment or underpayment is payable from the date of overpayment or underpayment. For the purpose of computing interest under the judgment, if the tax was paid in installments, a pro rata share of the total overpayment or underpayment is considered to be attributable to each installment. For the purposes of this paragraph, "legal rate" means the rate set by the department as prescribed by section 42-1123. B. A judgment in favor of an appellant who paid the taxes to the department shall be paid from the state general fund. END_STATUTE
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 42-16214, Arizona Revised Statutes, is amended to read:
START_STATUTE42-16214. Refund or credit of excess payments; prohibition
A. If judgment is awarded to a taxpayer who paid the taxes to the county treasurer:
1. The county treasurer of the county in which the property is located shall pay the judgment out of monies collected from property taxes during the next fiscal year for the county, unless there are sufficient amounts available in funds budgeted for that purpose by the county to allow an immediate refund, or, if both parties agree, the amount of the judgment may be credited toward any taxes due to the county that may be remaining due on the property that is the subject of the appeal, subject in either case to the approval of the board of supervisors.
2. The amount of the judgment shall may not be subtracted from the amounts due to taxing jurisdictions in the next a SUBSEQUENT fiscal year. in proportion to the amount each received from the appellant's overpayment of taxes. The affected taxing jurisdictions shall include in their budgets for the next fiscal year the proportional amount of the judgment for which each is liable. Any increase in the budget because of the portion of the judgment being included is not subject to any budget limitation that may be prescribed by law.
3. Interest at the legal rate on the overpayment or underpayment is payable from the date of overpayment or underpayment. For the purpose of computing interest under the judgment, if the tax was paid in installments, a pro rata share of the total overpayment or underpayment is considered to be attributable to each installment. For the purposes of this paragraph, "legal rate" means the rate set by the department as prescribed by section 42-1123.
B. A judgment in favor of an appellant who paid the taxes to the department shall be paid from the state general fund. END_STATUTE