Senate Engrossed |
State of Arizona Senate Fifty-third Legislature First Regular Session 2017
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CHAPTER 65
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SENATE BILL 1062 |
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AN ACT
Repealing section 41-3017.08, Arizona Revised Statutes; amending title 41, chapter 27, article 2, Arizona Revised Statutes, by adding section 41‑3025.08; relating to the property tax oversight commission.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Repeal
Section 41-3017.08, Arizona Revised Statutes, is repealed.
Sec. 2. Title 41, chapter 27, article 2, Arizona Revised Statutes, is amended by adding section 41-3025.08, to read:
41-3025.08. Property tax oversight commission; termination July 1, 2025
A. The property tax oversight commission terminates on July 1, 2025.
B. Title 42, chapter 17, article 1 and this section are repealed on January 1, 2026.
Sec. 3. Purpose
Pursuant to section 41-2955, subsection B, Arizona Revised Statutes, the legislature continues the property tax oversight commission to provide oversight of the budgeting and taxation process of counties, municipalities, school districts and community college districts.
Sec. 4. Retroactivity
Sections 1 and 2 of this act are effective retroactively to from and after July 1, 2017.
APPROVED BY THE GOVERNOR MARCH 24, 2017.
FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 24, 2017.