The proposed bill, if enacted, would amend current statutes regarding the property tax assessment of greenhouses by adding a new section to Title 42, Chapter 15, Article 2 of the Arizona Revised Statutes. Under the new provisions, greenhouses would be classified and assessed as agricultural tangible personal property, provided they meet specific criteria, including being at least fifty thousand square feet, composed of movable and detachable components, capable of being reconstructed after removal, and utilized for growing and processing vegetables, fruits, or citrus.

Additionally, the bill defines "greenhouse" to encompass all property that creates a controlled environment for cultivating crops, regardless of whether the property is physically contained within that environment or affixed to real property. However, it explicitly excludes administrative office buildings and auxiliary storage buildings associated with the greenhouse from this definition. The bill removes the previous requirement for a greenhouse to be at least fifty thousand square feet in area to qualify for agricultural assessment, thereby broadening the scope of properties that can benefit from this classification.

Statutes affected:
Introduced Version: 42-15064