HB2250 is a bill that proposes the continuation of the State Board of Equalization (SBOE) in Arizona for eight years, retroactive to July 1, 2024, until January 1, 2032. The SBOE is an independent agency that hears and decides on administrative appeals for property tax assessments. The bill also includes a provision to repeal the SBOE on January 1, 2033.
The bill involves repealing section 41-3024.13 of the Arizona Revised Statutes and adding section 41-3032.13, which relates to the SBOE. It specifies that the SBOE will terminate on July 1, 2032, and that Title 42, chapter 16, article 4, along with the new section, will be repealed on January 1, 2033. The bill also includes a statement of purpose, indicating that the legislature continues the SBOE to handle property tax appeals in large counties. The provisions of the bill are to be applied retroactively from July 1, 2024.
Statutes affected: Introduced Version: 41-3024.13, 41-3032.13
House Engrossed Version: 41-3024.13, 41-3032.13
Chaptered Version: 41-3024.13, 41-3032.13