This bill proposes to amend section 15-996 of the Arizona Revised Statutes, specifically regarding the information included on property tax bills and statements for properties within school districts that receive state aid. The current law remains unchanged, but the bill introduces new requirements for how tax rates are presented on these documents.

If enacted, the bill would require that each property tax bill and statement clearly state the qualifying tax rate determined by the state, as well as the tax rate set by the school district. The new language specifies that the format for presenting this information must include the name of the school district, the qualifying tax rate, and the corresponding tax rate levied by the school district, thereby enhancing transparency for taxpayers regarding how their property taxes are calculated and allocated.