PREFILED    JAN 13 2020

REFERENCE TITLE: property tax exemption; veterans' organizations

State of Arizona House of Representatives Fifty-fourth Legislature Second Regular Session 2020

HB 2220

Introduced by Representative Griffin

 

AN ACT

 

amending section 42‑11120, Arizona Revised Statutes; relating to property tax exemptions.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 42-11120, Arizona Revised Statutes, is amended to read:

START_STATUTE42-11120.  Exemption for property of veterans' organizations

Property that is owned by a United States veterans' organization that qualifies as a charitable organization and that is recognized under either section 501(c)(3), 501(c)(4) or 501(c)(19) of the internal revenue code is exempt from taxation if the property is used predominantly for those purposes and is not used or held for profit. END_STATUTE

Sec. 2.  Effective date

This act is effective from and after December 31, 2020.