The resolution proposes significant changes to the regulation of short-term and vacation rentals in Arizona, including the repeal and amendment of various sections of the Arizona Revised Statutes. It aims to redefine property owners' rights concerning land use laws, particularly focusing on just compensation for any reduction in property value due to these laws. The Act sets forth exceptions, provides clear definitions for relevant terms, and outlines the conditions for disclosing confidential taxpayer information for tax administration while ensuring privacy protection.

Additionally, the resolution details the circumstances under which confidential information may be shared with Indian tribes, courts, arbitrators, data clearinghouses, and city, town, or county officials, all under strict confidentiality agreements. It mandates that online lodging marketplaces and operators comply with transaction privilege tax licensing and advertisement requirements, with penalties for non-compliance. The resolution also calls for the removal of certain references to vacation and short-term rentals in the definitions related to online lodging operators. The Secretary of State is instructed to submit this proposition to the voters at the next general election, allowing the public to decide on its enactment.

Statutes affected:
Introduced Version: 9-500.39, 11-269.17, 12-1134, 42-2003, 42-5042, 42-5070, 42-12001, 43-302, 4-101, 42-2002, 42-1101, 42-12006, 43-1083.03, 43-1164.04, 41-1512, 41-1517, 41-1519, 43-1082, 43-1165, 32-1164, 12-821.01, 36-2806, 5-401, 42-1124, 42-3401, 42-6002, 42-5029, 43-221, 42-2001, 42-1122, 46-291, 42-5031, 44-7101, 44-7111, 42-1103.02, 42-1125.01, 43-419, 42-5001, 42-5032.02, 42-5076