The proposed bill, if enacted, would amend several sections of the Arizona Revised Statutes related to taxation. Key updates include specifying that interest does not accrue on the 2023 Arizona Families Tax Rebate retroactively to October 30, 2023, and expanding the list of individuals prohibited from preparing tax returns to include agents or contractors of the Department of Revenue and their supervisors. Additionally, the bill allows for immediate dismissal of agents or contractors who accept compensation for tax return preparation, removes the requirement for qualifying health care organizations to file annual financial audits with the Department, and modifies withholding requirements for certain employees in the agricultural sector.

Further changes involve adjusting the withholding rate for gambling winnings from 20% to the highest individual income tax rate of 2.5%, clarifying the process for partnerships to elect entity-level taxation, and requiring partnerships that amend returns to file under specific conditions. The bill also makes various technical and conforming changes to existing statutes, with an effective date aligned with the general effective date of the legislation. Overall, these amendments aim to correct errors, eliminate obsolete language, and clarify existing tax laws.

Statutes affected:
Introduced Version: 42-1008, 42-5001, 42-5061, 43-403, 43-405, 43-1014, 43-1414, 42-5029, 42-5044, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5075, 42-5009, 28-2154, 28-2154.01, 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, 42-5063, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 42-5032.01, 43-104, 42-1130, 43-1096, 43-401, 43-1011, 43-1412, 43-1126, 43-581
Senate Engrossed Version: 42-1008, 42-5001, 42-5061, 43-403, 43-405, 43-1014, 43-1414, 42-5029, 42-5044, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5075, 42-5009, 28-2154, 28-2154.01, 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, 42-5063, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 42-5032.01, 43-104, 42-1130, 43-1096, 43-401, 43-1011, 43-1412, 43-1126, 43-581
House Engrossed Version: 42-1008, 42-5001, 42-5061, 42-6009, 43-403, 43-405, 43-1014, 43-1414, 42-5029, 42-5044, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5075, 42-5009, 28-2154, 28-2154.01, 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, 42-5063, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 42-5032.01, 42-5005, 42-5076, 42-5010, 42-6002, 42-2003, 42-5003, 43-104, 42-1130, 43-1096, 43-401, 43-1011, 43-1412, 43-1126, 43-581
Conference Engrossed Version: 42-1008, 42-5001, 42-5061, 43-403, 43-405, 43-1014, 43-1414, 42-5029, 42-5044, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5075, 42-5009, 28-2154, 28-2154.01, 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, 42-5063, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 42-5032.01, 43-104, 42-1130, 43-1096, 43-401, 43-1011, 43-1412, 43-1126, 43-581
Chaptered Version: 42-1008, 42-5001, 42-5061, 43-403, 43-405, 43-1014, 43-1414, 42-5029, 42-5044, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5075, 42-5009, 28-2154, 28-2154.01, 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, 42-5063, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 42-5032.01, 43-104, 42-1130, 43-1096, 43-401, 43-1011, 43-1412, 43-1126, 43-581