The proposed bill amends Arizona's tax laws concerning the registration of unregistered vehicles purchased by nonresidents and the taxation of motor vehicles and fine art. It simplifies the registration process for nonresidents by eliminating the requirement to complete forms from the Department of Revenue for a special ninety-day registration permit, instead requiring an affidavit from the Department of Transportation. Additionally, it clarifies liability for purchasers who register their vehicles in Arizona after obtaining the nonresident permit, ensuring that dealers and authorized third parties are not held liable if they comply with the law.

The bill also updates tax exemption language for motor vehicle sales, specifically stating that motor vehicles sold to motor carriers engaged in leasing or renting are subject to a fee, and it removes certain conditions for nonresident vehicle sales to be exempt from transaction privilege tax. Furthermore, it introduces a tax exemption for the sale of fine art by the original artist and specifies that these changes will take effect for taxable periods starting after the first day of the month following the bill's effective date, with some amendments 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