The bill amends Arizona's tax laws concerning the sale and registration of motor vehicles to nonresidents. It simplifies the process by removing the requirement for nonresident purchasers to complete a specific form for a ninety-day registration permit, replacing it with an affidavit. The bill also relieves dealers from maintaining records for the Department of Revenue and eliminates the penalty for nonresidents who register a vehicle in Arizona within a year of obtaining a nonresident permit. Additionally, it revises tax deductions, removing certain exemptions for nonresident vehicle sales and renumbering paragraphs accordingly.

The bill further modifies tax exemptions, including the removal of exemptions for motor vehicles provided to certain institutions and for sales to motor carriers engaged in leasing or renting. It also updates references and definitions related to tax exemptions and deductions, particularly for fine art sales to nonresidents and original artists. The bill restructures the numbering of paragraphs and subsections to align with these changes and specifies that the act will apply to taxable periods after its general effective date, with the amended Section 42-6004 taking effect after December 31, 2024.

Statutes affected:
Introduced Version: 28-2154, 28-2154.01, 42-5009, 42-5022, 42-5061, 42-5070, 42-5071, 42-5075, 42-5159, 42-6004, 42-6017, 28-4301, 28-2003, 28-2001, 42-6051, 42-5029, 42-5063, 42-1104, 42-5040, 42-5076, 42-5005, 28-9601, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5001, 42-5073, 3-311, 46-191, 36-551, 41-3201, 41-1514.02, 1-215, 49-426, 49-480, 41-1516, 44-1771, 42-5014, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 42-5032.01, 42-5062, 28-1461, 28-1301, 28-2352, 28-2402, 28-2481, 28-5801, 5-839, 28-5810, 48-4234, 9-505, 32-1121, 41-1531, 15-1670, 9-463.05, 11-1102, 49-701, 42-5032.02, 3-361, 3-262, 42-5008.01, 42-12002, 42-12003, 42-12004, 41-4001, 41-1520, 20-762, 32-101, 28-9552, 28-9551, 28-9503, 28-9501