This bill proposes to amend the Arizona Revised Statutes by adding a new section that specifically addresses the valuation and assessment of greenhouses as agricultural tangible personal property. Under the new law, greenhouses must meet certain criteria, including a minimum size of fifty thousand square feet, being composed of movable and detachable components, and being used for the cultivation of vegetables, fruits, or citrus.

Additionally, the bill defines "greenhouse" to include all property that creates a controlled environment for growing crops, regardless of whether the property is physically attached to real estate. However, it explicitly excludes administrative office buildings and auxiliary storage buildings associated with the greenhouse from this definition. Overall, the bill aims to clarify the assessment process for greenhouses in Arizona, ensuring they are recognized as agricultural property under specific conditions.

Statutes affected:
Introduced Version: 42-15064