ISSUE 7 - February 24, 2012

Transaction Privilege Tax Reform Committee

On Thursday, February 23, the Senate Committee on Finance unanimously passed HB 2123 (transaction privilege tax reform committee). The bill establishes a 12-member committee to study various issues related to the future of sales and income taxes in Arizona.

The bill, which previously passed the House by a vote of 57-0, requires the study committee to report its findings and recommendations by October 31, 2012. The bill was amended in the House to include two city and town representatives as members of the study committee.

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Legislative Bulletin is published by the League of Arizona Cities and Towns.
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