HB 2447 is a bill that introduces a special 10-day non-resident registration permit for non-residents who purchase unregistered vehicles in Arizona for out-of-state use. The bill exempts these vehicle sales from the Transaction Privilege Tax (TPT) and similar taxes, provided the non-resident obtains this permit. The bill sets out the requirements for issuing the permit, including electronic record submission, an affidavit, and a cap of 500 permits in the first fiscal year, increasing by 10% annually. If the vehicle is registered in Arizona within a year, the purchaser must pay applicable taxes, penalties, and interest.

The bill amends sections of the Arizona Revised Statutes to standardize fees and introduce the new permit, which can be issued by manufacturers or new dealers owned by the manufacturer. It outlines the responsibilities of these entities in issuing permits, including record-keeping and notice to purchasers about potential tax liabilities. The bill also amends conditions for tax exemptions on vehicle sales to non-residents, specifically when the new special permit is obtained.

Statutes affected:
Introduced Version: 28-2003, 28-2154, 28-2154.02, 42-5061, 42-6004, 28-6991, 28-1177, 28-2155, 28-2156, 28-4301, 42-5009, 28-2001, 28-2154.01, 2023-2024, 42-6051, 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, 42-5073, 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