Bill Text: AZ HB2160 | 2014 | Fifty-first Legislature 2nd Regular | Introduced
Bill Title: Technical correction; historic property; disqualification
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-04-23 - Referred to House RULES Committee [HB2160 Detail]
Download: Arizona-2014-HB2160-Introduced.html
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REFERENCE TITLE: technical correction; historic property; disqualification |
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State of Arizona House of Representatives Fifty-first Legislature Second Regular Session 2014
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HB 2160 |
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Introduced by Representative Lesko
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AN ACT
amending section 42-12105, Arizona Revised Statutes; relating to property classification.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 42-12105, Arizona Revised Statutes, is amended to read:
42-12105. Disqualification
A. Property shall must remain classified and assessed as noncommercial historic property until it becomes disqualified through either:
1. Notice by the taxpayer to the assessor to remove the assessment as noncommercial historic property.
2. Sale or transfer to an ownership that makes it exempt from property taxation.
3. Notification by the state historic preservation officer to the assessor that the property no longer qualifies as noncommercial historic property.
B. Property shall must remain classified and assessed as commercial historic property until it becomes disqualified through either:
1. Notice by the taxpayer to the assessor to remove the assessment as commercial historic property.
2. Sale or transfer to an ownership that makes it exempt from property taxation.
3. Notification by the state historic preservation officer to the assessor that the property no longer qualifies as commercial historic property.
4. The failure to maintain the property in a manner consistent with the minimum standards of maintenance established by rule by the Arizona state parks board.
