This bill would make permanent the three-year suspension of the state equalization property tax. [Note: the suspension is due to expire in 2009. This tax is also called the county equalization assistance for education property tax]  To read the bill in its entirety, please visit: http://www.azleg.gov/legtext/48leg/2r/bills/sb1002p.pdf  ...
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SCR1003: Property Tax Limits; Value IncreasesThe 2008 general election ballot is to carry the question of whether to amend Article IX of the state constitution to limit the maximum aggregate amounts of all state and local property taxes to 0.5% of the value on residential property (owner-occupied, rental property and mobile homes), and to 1% of the value on any other real property. Beginning in tax year 2009, the baseline full cash value of real property is the valuation on the 2003 tax bill or, if the property was not on the tax roll in 2003, on the actual purchase price. After 2009, the full cash value of real property cannot increase more than 2% over the previous year. For residents 65 o ...
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Levy Rollback Measure (C-13-2008)OFFICIAL TITLEAN INITIATIVE MEASURE PROPOSING AMENDMENTS TO ARTICLE IX, SECTION 19 OF THE ARIZONA CONSTITUTION, RELATING TO THE ARIZONA TAX REVOLT - PROPERTY TAX LEVY ROLLBACK, LEVY LIMITATIONS AND LEVY LIMITATION PROTECTIONS. TEXT OF PROPOSED AMENDMENT Be it enacted by the People of the State of Arizona:  Sec. 1. Short title.This measure shall be known as the Arizona Tax Revolt - Property Tax Levy Rollback.  Sec. 2. Purpose.The Arizona Tax Revolt - Property Tax Levy Rollback constitutional amendment will reduce, limit and control the property tax burden on Arizona taxpayers. Among other things, this constitutional amendment rolls back property tax ...
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S1002: Property Tax; Equalization Repeal Makes permanent the three-year suspension of the state equalization property tax. [Capitol Reports note: the suspension is due to expire in 2009. This tax is also called the county equalization assistance for education property tax] To read the bill in its entirety, please visit: http://www.azleg.gov/legtext/48leg/2r/bills/sb1002p.pdf ...
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