The bill SB1473 aims to amend various sections of the Arizona Revised Statutes related to taxation, correcting errors, obsolete language, and addressing blending problems within tax statutes. Key provisions include allowing the disclosure of taxpayer information to the Office of Economic Opportunity, subjecting partners or shareholders of certain businesses to the highest individual income tax rate if they consent to entity-level taxation, and expanding the definition of services for qualifying foster care charitable organizations to include shelter. Additionally, it prohibits overpayment credits or refunds for small business taxpayers unless an income tax return has been filed.

The bill also removes certain requirements, such as the need for public consignment auction dealers to submit specific certificates for tax deductions and the requirement for a copy of property tax appeal notices to be served on the Arizona Department of Revenue. It repeals the Client County Equipment Capitalization Fund and makes various technical and conforming changes to streamline tax processes. Overall, the bill seeks to modernize and clarify tax regulations without imposing any anticipated fiscal impact on the state General Fund.

Statutes affected:
Introduced Version: 9-467, 11-321, 42-1108, 42-1118, 42-2003, 42-3401, 42-5009, 42-5122, 42-11057, 42-13004, 42-15101, 42-16209, 43-1014, 43-1088, 42-1104, 42-1125, 43-401, 42-1106, 43-581, 43-582, 43-583, 42-1122, 44-1263, 44-1261, 42-1105, 43-302, 4-101, 42-2002, 42-1101, 42-12006, 43-1083.03, 43-1164.04, 41-1512, 41-1517, 41-1519, 43-1082, 43-1165, 32-1164, 12-821.01, 36-2806, 5-401, 42-1124, 42-6002, 9-500.39, 11-269.17, 42-5029, 43-221, 42-2001, 46-291, 42-5031, 44-7101, 44-7111, 42-1103.02, 42-1125.01, 43-419, 42-5001, 42-5032.02, 42-5076, 42-3403, 42-3052, 42-1127, 89-92, 13-3711, 36-798.06, 13-904, 42-3501, 41-1092.11, 42-3461, 42-5061, 42-5063, 28-2154, 42-6051, 28-4301, 42-6004, 42-5075, 42-5040, 42-5005, 42-5159, 28-9601, 42-13254, 33-405, 42-11056, 43-1011, 43-1126
Senate Engrossed Version: 42-2003, 42-5009, 42-5122, 42-11057, 42-13004, 42-16209, 43-1014, 43-1088, 43-302, 4-101, 42-2002, 42-1101, 42-12006, 43-1083.03, 43-1164.04, 41-1512, 41-1517, 41-1519, 43-1082, 43-1165, 32-1164, 12-821.01, 36-2806, 5-401, 42-1124, 42-3401, 42-6002, 9-500.39, 11-269.17, 42-5029, 43-221, 42-2001, 42-1122, 46-291, 42-5031, 44-7101, 44-7111, 42-1103.02, 42-1125.01, 43-419, 42-5001, 42-5032.02, 42-5076, 42-5061, 42-5063, 42-1104, 28-2154, 42-6051, 28-4301, 42-6004, 42-5075, 42-5040, 42-5005, 42-5159, 28-9601, 43-1011, 43-1126, 43-581
Chaptered Version: 42-2003, 42-5009, 42-5122, 42-11057, 42-13004, 42-16209, 43-1014, 43-1088, 43-302, 4-101, 42-2002, 42-1101, 42-12006, 43-1083.03, 43-1164.04, 41-1512, 41-1517, 41-1519, 43-1082, 43-1165, 32-1164, 12-821.01, 36-2806, 5-401, 42-1124, 42-3401, 42-6002, 9-500.39, 11-269.17, 42-5029, 43-221, 42-2001, 42-1122, 46-291, 42-5031, 44-7101, 44-7111, 42-1103.02, 42-1125.01, 43-419, 42-5001, 42-5032.02, 42-5076, 42-5061, 42-5063, 42-1104, 28-2154, 42-6051, 28-4301, 42-6004, 42-5075, 42-5040, 42-5005, 42-5159, 28-9601, 43-1011, 43-1126, 43-581