HB2145 is a bill that modifies the requirements related to the property valuation of guest ranches for tax purposes and mandates the Arizona Historical Society to issue historical markers for dude ranches included in the Arizona Dude Ranch Heritage Trail Program. The bill reclassifies real and personal guest ranch property and improvements that are part of the Trail Program as class 4 property, valued at full cash value. Guest ranches not included in class 4 but meeting certain criteria remain classified as class 2 property, also valued at full cash value. Additionally, the bill specifies that a change in a guest ranch's property classification is not a change in use for the purposes of determining property value or tax roll corrections.

The bill also amends the definition of a guest ranch to clarify that the horse herd size requirement applies during the operating season when guests are present. It requires the Historical Society to issue a historical marker to a dude ranch designated for inclusion in the Trail Program within two years of the request, and allows for the use of the Arizona Historical Society Revolving Fund for this purpose. The bill also adds gifts, grants, donations, and contributions as sources for the fund. Technical and conforming changes are made, and the bill becomes effective on the general effective date. Notably, the bill removes the $75,000 appropriation from the state General Fund for the Historical Society to issue historical markers and removes the requirement that guest ranch valuation be made on the assumption that no other property use is possible.

Statutes affected:
Introduced Version: 41-826, 41-867, 35-146, 35-147, 35-313, 35-190
House Engrossed Version: 41-826, 41-867, 35-146, 35-147, 35-313, 35-190
Senate Engrossed Version: 41-826, 41-867, 42-12002, 42-12004, 42-13302, 42-13551, 35-146, 35-147, 35-313, 35-190, 32-2197, 42-16002, 42-13301
Chaptered Version: 41-826, 41-867, 42-12002, 42-12004, 42-13302, 42-13551, 35-146, 35-147, 35-313, 35-190, 32-2197, 42-16002, 42-13301