The resolution HCR 2023 seeks to amend Arizona's property tax laws by providing a complete property tax exemption for combat veterans who have a service-connected disability rated as 100% by the U.S. Department of Veterans Affairs. Currently, these veterans receive a partial exemption, but this measure aims to offer full tax relief to those most affected by their disabilities. Additionally, the resolution includes provisions for partial exemptions for other groups, such as widows, widowers, and individuals with permanent disabilities, while establishing income limits for eligibility.

Furthermore, the resolution outlines the responsibilities of local governing bodies in setting property tax rates and ensures that the revenue generated from primary property taxes does not exceed specified limits. It emphasizes the need for transparency and compliance with regulations regarding property tax assessments and exemptions. The proposed changes are set to take effect for tax years beginning after December 31, 2026, and will be presented to voters in the next general election for public approval.

Statutes affected:
Introduced Version: 42-11111, 42-17151, 42-11152, 32-1601