ARIZONA HOUSE OF REPRESENTATIVES Fifty-sixth Legislature Second Regular Session
	House: WM DP 9-1-0-0 | 3^rd Read 56-0-3-0-1 Senate: FICO DP 5-0-2-0 | 3^rd Read 29-0-1-0-0

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HB 2634: department of revenue; reuse zone

Sponsor: Representative Grantham, LD 14

Transmitted to the Governor

Overview

Transfers the designation of military reuse zones from the CEO of the Arizona Commerce Authority (ACA) to the Department of Revenue (DOR).

History

After executing a lease with a term of 15 years or longer for the use or occupancy of real property or improvements that are located on a closed military facility with a runway that is at least 8,000 feet long at closing or after title to any part of a closed military facility with a runway that is at least 8,000 feet long at closing is transferred to Arizona or to another public or private entity, the governor, after consulting with the CEO of the ACA, may designate the property as a military reuse zone (A.R.S.  41-1531).

Provisions

1. Transfers the designation of military reuse zones from the CEO of the ACA to the DOR. (Sec. 2)

2. Transfers and renumbers Title 41, Chapter 10, Article 3 to Title 42, Chapter 1, Article 7. (Sec. 1)

3. Makes technical and conforming changes. (Sec. 2-6)

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7.                   HB 2634

8. Initials VP/MG    Page 0 Transmitted to the Governor

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