Bill Text: AZ HB2608 | 2012 | Fiftieth Legislature 2nd Regular | Chaptered
Bill Title: Assessed valuations; audit
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2012-03-29 - Governor Signed [HB2608 Detail]
Download: Arizona-2012-HB2608-Chaptered.html
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House Engrossed |
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State of Arizona House of Representatives Fiftieth Legislature Second Regular Session 2012
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CHAPTER 124
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HOUSE BILL 2608 |
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AN ACT
Amending sections 42-13002 and 42-17151, Arizona Revised Statutes; relating to property tax assessments.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 42-13002, Arizona Revised Statutes, is amended to read:
42-13002. Relationship between department and county assessors
A. The department shall:
1. Exercise general supervision over county assessors in administering the property tax laws to ensure that all property is uniformly valued for property tax purposes.
2. Prescribe forms to be used by county assessors for:
(a) Listing and valuing property for tax purposes.
(b) Reporting changes in valuations.
(c) Such other purposes as the department may require under this title.
3. Assist county assessors:
(a) In maintaining uniform maps and records.
(b) In placing on the rolls the valuations determined under this chapter.
(c) To assure ensure a uniform valuation of all property throughout the state for property tax purposes, including providing the services of department personnel to the assessors. The department may charge to the county the costs of department personnel provided to that county.
4. Compile and report to the governor, the president of the senate and the speaker of the house of representatives the processes and procedures used by each county to identify and reclassify property that is rented while classified as class three. The report shall be submitted by November 15 each year and shall also contain the following information:
(a) The number of properties and the assessed valuation of properties reclassified from class three to class four.
(b) The amount of payments of additional state aid to education avoided in the previous fiscal year.
(c) Recommendations regarding improvements to establish uniform processes and performance among the counties.
B. The department may:
1. Require the reclassification of property, if necessary.
2. Require information from the county assessor's office and the county treasurer's office to verify compliance with the procedures prescribed by section 42-12052.
3. Audit the valuation of new construction as determined by each county as prescribed by section 42-17051.
C. The director and county assessors shall meet at the state capitol, or at a place designated by the director, at least twice each year to consider matters relating to property taxation. The traveling expenses of assessors in attending these meetings shall be paid by the respective counties.
Sec. 2. Section 42-17151, Arizona Revised Statutes, is amended to read:
42-17151. County, municipal, community college and school tax levy
A. On or before the third Monday in August each year, the governing body of each county, city, town, community college district and school district shall:
1. Fix, levy and assess the amount to be raised from primary property taxation and secondary property taxation. This amount, plus all other sources of revenue, as estimated, and unencumbered balances from the preceding fiscal year, shall equal the total of amounts proposed to be spent in the budget for the current fiscal year.
2. Designate the amounts to be levied for each purpose appearing in the adopted budget.
3. Fix and determine a primary property tax rate and a secondary property tax rate, each rounded to four decimal places on each one hundred dollars of taxable property shown by the finally equalized valuations of property, less exemptions, that appear on the tax rolls for the fiscal year, as determined by the assessor on or before February 10 of the tax year pursuant to section 42-17052, and that when extended on those valuations will produce, in the aggregate, the entire amount to be raised by direct taxation for that year.
B. The governing body of a county, city, town or community college district shall not fix, levy or assess an amount of primary property taxes in excess of the amount permitted by section 42-17051, subsection A, paragraph 7 or section 42‑17005 as determined by the property tax oversight commission.
C. The governing board of a common school district, a high school district or a unified school district shall not fix, levy or assess a primary property tax rate higher than the current year's rate if the district meets both of the following criteria, as determined by the property tax oversight commission:
1. The total primary property taxes levied for all taxing jurisdictions on at least one-half of the residential property of the district exceed the limitation described in section 15-972, subsection E.
2. The school district primary property tax rate exceeds one hundred fifty per cent of the applicable qualifying tax rate pursuant to section 41‑1276.
D. No later than December 31, the property tax oversight commission shall notify those school districts that meet the criteria described in subsection C of this section and the county school superintendents and boards of supervisors of the counties in which the school districts are located.
E. Within three days after the final levies are determined for a county, city, town or community college district, the chief county fiscal officer shall notify the property tax oversight commission of the amount of the primary property tax levied.
F. Pursuant to section 15‑465.01, subsection E, an accommodation school governing board shall not levy a primary or secondary property tax. The property tax oversight commission shall consider any amount of property tax levied by a county in support of an accommodation school to be part of the county's primary levy for the purposes of determining the county's compliance with subsection B of this section.
APPROVED BY THE GOVERNOR MARCH 29, 2012.
FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 29, 2012.
