This bill proposes updates to the Arizona Revised Statutes by expanding the definitions and scope of clean rooms and clean room equipment used in manufacturing and research. Currently, the statute only references clean rooms in relation to semiconductor products. The bill would insert language to include biotechnology products, life sciences products, and medical devices, thereby broadening the applicability of the tax provisions. Additionally, it introduces specific definitions for "biotechnology products," "life sciences products," and "medical devices," which were not previously defined in the current law.

Furthermore, the bill clarifies the definition of "clean room" and "clean room equipment" by detailing what constitutes these environments and the necessary components involved. It removes outdated language and reorganizes the definitions for clarity. The act specifies that these changes will apply to taxable periods starting on the first day of the month following the general effective date of the law.

Statutes affected:
Introduced Version: 42-5061, 42-5159, 42-5156, 23-501, 36-1901, 28-5201, 42-5074, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5001, 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, 42-5029, 42-5032.01