ISSUE 3 - January 26, 2012

Transaction Privilege Tax Reform

On Monday, January 23, the House Committee on Ways and Means unanimously passed HB 2123 (transaction privilege tax [TPT] reform committee). The bill establishes a 12-member committee to study various issues related to the future of sales taxes in Arizona. The bill requires the committee to report its findings and recommendations by October 31, 2012.

Separately, Governor Brewer has announced plans to appoint by Executive Order a TPT Simplification Task Force. The task force would have a charge similar to that of the committee contemplated by HB 2123. The League is cooperating with the Office of the Governor on its task force initiative. Furthermore, the League offered testimony on HB 2123, expressing support for the measure's general concept but expressing concerns about language in the bill that could suggest a predisposition to eliminate state income taxes.



Legislative Bulletin is published by the League of Arizona Cities and Towns.
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Issue 3 - January 26, 2012
Issue 3 - January 26, 2012
Issue 3 - January 26, 2012
Issue 3 - January 26, 2012
Issue 3 - January 26, 2012
Issue 3 - January 26, 2012