This bill proposes to amend section 43-407 of the Arizona Revised Statutes, specifically regarding the treatment of unemployment compensation payments for tax withholding purposes. Under current law, unemployment compensation is treated as wages for payroll periods, and the withholding amount is set at ten percent of federal income tax deducted and withheld.

The proposed changes would insert new language clarifying the treatment of unemployment compensation and the withholding process, while deleting the specific reference to the ten percent withholding rate. This update aims to streamline the language and potentially allow for adjustments to the withholding rate in the future without necessitating further legislative action.

Statutes affected:
Introduced Version: 43-407