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REFERENCE TITLE: GPLET; definitions |
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State of Arizona Senate Fifty-fourth Legislature First Regular Session 2019
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SB 1049 |
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Introduced by Senator Leach
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AN ACT
amending section 42‑6201, Arizona Revised Statutes; relating to Government property lease excise tax.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 42-6201, Arizona Revised Statutes, is amended to read:
42-6201. Definitions
In this article, unless the context otherwise requires:
1. "Government lessor":
(a) Means a city, town, county or county stadium district.
(b) From and after December 31, 2019, includes a school district, a community college district and the Arizona board of regents.
2. "Government property improvement":
(a) Means a building for which a certificate of occupancy has been issued, for which the title of record is held by a government lessor, that is situated on land for which the title of record is held by a government lessor or a political subdivision of this state and that is available for use for any commercial, residential rental or industrial purpose, including, but not limited to, office, retail, restaurant, service business, hotel, entertainment, recreational or parking uses.
(b) Does not include a building that is used predominately for an academic purpose or student housing or that is located in an area authorized by section 15‑1636 or section 48‑4202, subsection C.
3. "Gross building space" means the total floor area of a building measured from the exterior of the walls, but not including unenclosed areas.
4. "Prime lessee" means any person, partnership, corporation, company, limited liability company, joint venture or other organization or association that enters into a lease directly with a government lessor to develop or occupy for at least thirty consecutive days a government property improvement, regardless of whether the improvement is actually used by the prime lessee or by one or more sublessees.