Bill Text: AZ SCR1040 | 2021 | Fifty-fifth Legislature 1st Regular | Introduced
Bill Title: State income tax; phase-out
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2021-02-17 - Senate FIN Committee action: Held, voting: (0-0-0-0) [SCR1040 Detail]
Download: Arizona-2021-SCR1040-Introduced.html
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REFERENCE TITLE: state income tax; phase-out |
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State of Arizona Senate Fifty-fifth Legislature First Regular Session 2021
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SCR 1040 |
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Introduced by Senators Petersen: Livingston
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A CONCURRENT RESOLUTION
Enacting and ordering the submission to the people of a measure relating to individual income tax.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it resolved by the Senate of the State of Arizona, the House of Representatives concurring:
1. Under the power of the referendum, as vested in the Legislature, the following measure, relating to individual income tax, is enacted to become valid as a law if approved by the voters and on proclamation of the Governor:
AN ACT
amending section 43-1011, Arizona Revised Statutes; relating to individual income tax.
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 43-1011, Arizona Revised Statutes, is amended to read:
43-1011. Taxes and tax rates
A. There shall be levied, collected and paid for each taxable year on the entire taxable income of every resident of this state and on the entire taxable income of every nonresident that is derived from sources within this state taxes determined in the following manner:
1. For taxable years beginning from and after December 31, 1996 through December 31, 1997:
(a) In the case of a single person or a married person filing separately:
If taxable income is: The tax is:
$0 - $10,000 2.90% of taxable income
$10,001 - $25,000 $290, plus 3.30% of the
excess over $10,000
$25,001 - $50,000 $785, plus 3.90% of the
excess over $25,000
$50,001 - $150,000 $1,760, plus 4.80% of the
excess over $50,000
$150,001 and over $6,560, plus 5.17% of the
excess over $150,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
If taxable income is: The tax is:
$0 - $20,000 2.90% of taxable income
$20,001 - $50,000 $580, plus 3.30% of the
excess over $20,000
$50,001 - $100,000 $1,570, plus 3.90% of the excess over $50,000
$100,001 - $300,000 $3,520, plus 4.80% of the excess over $100,000
$300,001 and over $13,120, plus 5.17% of the excess over $300,000
2. For taxable years beginning from and after December 31, 1997 through December 31, 1998:
(a) In the case of a single person or a married person filing separately:
If taxable income is: The tax is:
$0 - $10,000 2.88% of taxable income
$10,001 - $25,000 $288, plus 3.24% of the excess over $10,000
$25,001 - $50,000 $774, plus 3.82% of the excess over $25,000
$50,001 - $150,000 $1,729, plus 4.74% of the excess over $50,000
$150,001 and over $6,469, plus 5.10% of the excess over $150,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
If taxable income is: The tax is:
$0 - $20,000 2.88% of taxable income
$20,001 - $50,000 $576, plus 3.24% of the
excess over $20,000
$50,001 - $100,000 $1,548, plus 3.82% of
the excess over $50,000
$100,001 - $300,000 $3,458, plus 4.74% of
the excess over $100,000
$300,001 and over $12,938, plus 5.10% of
the excess over $300,000
3. For taxable years beginning from and after December 31, 1998 through December 31, 2005:
(a) In the case of a single person or a married person filing separately:
If taxable income is: The tax is:
$0 - $10,000 2.87% of taxable income
$10,001 - $25,000 $287, plus 3.20% of the
excess over $10,000
$25,001 - $50,000 $767, plus 3.74% of the
excess over $25,000
$50,001 - $150,000 $1,702, plus 4.72% of the
excess over $50,000
$150,001 and over $6,422, plus 5.04% of the
excess over $150,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
If taxable income is: The tax is:
$0 - $20,000 2.87% of taxable income
$20,001 - $50,000 $574, plus 3.20% of the
excess over $20,000
$50,001 - $100,000 $1,534, plus 3.74% of the
excess over $50,000
$100,001 - $300,000 $3,404, plus 4.72% of the
excess over $100,000
$300,001 and over $12,844, plus 5.04% of the
excess over $300,000
4. For taxable years beginning from and after December 31, 2005 through December 31, 2006:
(a) In the case of a single person or a married person filing separately:
If taxable income is: The tax is:
$0 - $10,000 2.73% of taxable income
$10,001 - $25,000 $273, plus 3.04% of the
excess over $10,000
$25,001 - $50,000 $729, plus 3.55% of the
excess over $25,000
$50,001 - $150,000 $1,617, plus 4.48% of the
excess over $50,000
$150,001 and over $6,097, plus 4.79% of the
excess over $150,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
If taxable income is: The tax is:
$0 - $20,000 2.73% of taxable income
$20,001 - $50,000 $546, plus 3.04% of the
excess over $20,000
$50,001 - $100,000 $1,458, plus 3.55% of the
excess over $50,000
$100,001 - $300,000 $3,233, plus 4.48% of the
excess over $100,000
$300,001 and over $12,193, plus 4.79% of the
excess over $300,000
5. Subject to subsections B and C of this section, for taxable years beginning from and after December 31, 2006 through December 31, 2018:
(a) In the case of a single person or a married person filing separately:
If taxable income is: The tax is:
$0 - $10,000 2.59% of taxable income
$10,001 - $25,000 $259, plus 2.88% of the
excess over $10,000
$25,001 - $50,000 $691, plus 3.36% of the
excess over $25,000
$50,001 - $150,000 $1,531, plus 4.24% of the
over $50,000
$150,001 and over $5,771, plus 4.54% of the
excess over $150,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
If taxable income is: The tax is:
$0 - $20,000 2.59% of taxable income
$20,001 - $50,000 $518, plus 2.88% of the
excess over $20,000
$50,001 - $100,000 $1,382, plus 3.36% of the
excess over $50,000
$100,001 - $300,000 $3,062, plus 4.24% of the
excess over $100,000
$300,001 and over $11,542, plus 4.54% of
the excess over $300,000
6. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2018 through December 31, 2022:
(a) in the case of a single person or a married person filing separately:
If taxable income is: The tax is:
$0 - $26,500 2.59% of taxable income
$26,501 - $53,000 $686, plus 3.34% of the
amount over $26,500
$53,001 - $159,000 $1,571, plus 4.17% of the
amount over $53,000
$159,001 and over $5,991, plus 4.50% of the
Amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
If taxable income is: The tax is:
$0 - $53,000 2.59% of taxable income
$53,001 - $106,000 $1,373, plus 3.34% of the
amount over $53,000
$106,001 - $318,000 $3,143, plus 4.17% of the
amount over $106,000
$318,001 and over $11,983, plus 4.50% of the
amount over $318,000
7. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2022 through December 31, 2023:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 2.33% of taxable income
$26,501 - $53,000 $617, plus 3.01% of the
amount over $26,500
$53,001 - $159,000 $1,415, plus 3.75% of the
amount over $53,000
$159,001 and over $5,390, plus 4.05% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 2.33% of taxable income
$53,001 - $106,000 $1,182, plus 3.01% of the
amount over $53,000
$106,001 - $318,000 $2,777, plus 3.75% of the
amount over $106,000
$318,001 and over $10,727, plus 4.05% of the
amount over $318,000
8. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2023 through December 31, 2024:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 2.07% of taxable income
$26,501 - $53,000 $549, plus 2.67% of the
amount over $26,500
$53,001 - $159,000 $1,256, plus 3.34% of the
amount over $53,000
$159,001 and over $4,796, plus 3.6% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 2.07% of taxable income
$53,001 - $106,000 $1,097, plus 2.67% of the
amount over $53,000
$106,001 - $318,000 $2,512, plus 3.34% of the
amount over $106,000
$318,001 and over $9,593, plus 3.6% of the
amount over $318,000
9. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2024 through December 31, 2025:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 1.81% of taxable income
$26,501 - $53,000 $480, plus 2.34% of the
amount over $26,500
$53,001 - $159,000 $1,100, plus 2.92% of the
amount over $53,000
$159,001 and over $4,195, plus 3.15% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 1.81% of taxable income
$53,001 - $106,000 $959, plus 2.34% of the
amount over $53,000
$106,001 - $318,000 $2,199, plus 2.92% of the
amount over $106,000
$318,001 and over $8,390, plus 3.15% of the
amount over $318,000
10. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2025 through December 31, 2026:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 1.55% of taxable income
$26,501 - $53,000 $411, plus 2% of the
amount over $26,500
$53,001 - $159,000 $941, plus 2.5% of the
amount over $53,000
$159,001 and over $3,591, plus 2.7% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 1.55% of taxable income
$53,001 - $106,000 $822, plus 2% of the
amount over $53,000
$106,001 - $318,000 $1,881, plus 2.5% of the
amount over $106,000
$318,001 and over $7,181, plus 2.7% of the
amount over $318,000
11. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2026 through December 31, 2027:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 1.3% of taxable income
$26,501 - $53,000 $345, plus 1.67% of the
amount over $26,500
$53,001 - $159,000 $787, plus 2.09% of the
amount over $53,000
$159,001 and over $3,002, plus 2.25% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 1.3% of taxable income
$53,001 - $106,000 $689, plus 1.67% of the
amount over $53,000
$106,001 - $318,000 $1,574, plus 2.09% of the
amount over $106,000
$318,001 and over $6,005, plus 2.25 of the
amount over $318,000
12. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2027 through December 31, 2028:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 1.04% of taxable income
$26,501 - $53,000 $276, plus 1.34% of the
amount over $26,500
$53,001 - $159,000 $631, plus 1.67% of the
amount over $53,000
$159,001 and over $2,401, plus 1.8% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 1.04% of taxable income
$53,001 - $106,000 $551, plus 1.34% of the
amount over $53,000
$106,001 - $318,000 $1,261, plus 1.67% of the
amount over $106,000
$318,001 and over $4,802, plus 1.8% of the
amount over $318,000
13. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2028 through December 31, 2029:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 .78% of taxable income
$26,501 - $53,000 $207, plus 1% of the
amount over $26,500
$53,001 - $159,000 $472, plus 1.25% of the
amount over $53,000
$159,001 and over $1,797, plus 1.35% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 .78% of taxable income
$53,001 - $106,000 $413, plus 1% of the
amount over $53,000
$106,001 - $318,000 $943, plus 1.25% of the
amount over $106,000
$318,001 and over $3,593, plus 1.35% of the
amount over $318,000
14. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2029 through December 2030:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 .52% of taxable income
$26,501 - $53,000 $138, plus .67% of the
amount over $26,500
$53,001 - $159,000 $315, plus .83% of the
amount over $53,000
$159,001 and over $1,195, plus .9% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 .52% of taxable income
$53,001 - $106,000 $276, plus .67% of the
amount over $53,000
$106,001 - $318,000 $631, plus .83% of the
amount over $106,000
$318,001 and over $2,390, plus .9% of the
amount over $318,000
15. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2030 through December 31, 2031:
(a) in the case of a single person or a married person filing separately:
if taxable income is: the tax is:
$0 - $26,500 .26% of taxable income
$26,501 - $53,000 $69, plus .33% of the
amount over $26,500
$53,001 - $159,000 $156, plus .42% of the
amount over $53,000
$159,001 and over $602, plus .45% of the
amount over $159,000
(b) In the case of a married couple filing a joint return or a single person who is a head of a household:
if taxable income is: the tax is:
$0 - $53,000 .26% of taxable income
$53,001 - $106,000 $137, plus .33% of the
amount over $53,000
$106,001 - $318,000 $313, plus .42% of the
amount over $106,000
$318,001 and over $1,203, plus .45% of the
amount over $318,000
16. Subject to subsection D of this section, for taxable years beginning from and after December 31, 2031:
(a) in the case of a single person or a married person filing separately, the tax is zero.
(b) In the case of a married couple filing a joint return or a single person who is a head of a household, the tax is zero.
B. For the taxable year beginning from and after December 31, 2014 through December 31, 2015, the department shall adjust the income dollar amounts for each rate bracket prescribed by subsection A, paragraph 5 of this section according to the average annual change in the metropolitan Phoenix consumer price index published by the United States department of labor, bureau of labor statistics. The revised dollar amounts shall be raised to the nearest whole dollar. The income dollar amounts for each rate bracket may not be revised below the amounts prescribed in the prior taxable year.
C. For each taxable year beginning from and after December 31, 2015 through December 31, 2018, the department shall adjust the income dollar amounts for each rate bracket prescribed by subsection A, paragraph 5 of this section according to the average annual change in the metropolitan Phoenix consumer price index published by the United States department of labor, bureau of labor statistics. The revised dollar amounts shall be raised to the nearest whole dollar. The income dollar amounts for each rate bracket may not be revised below the amounts prescribed in the prior taxable year.
D. For each taxable year beginning from and after December 31, 2019 through December 31, 2031, the department shall adjust the income dollar amount for each rate bracket prescribed by subsection A, paragraph 6 of this section according to the average annual change in the metropolitan Phoenix consumer price index published by the United States department of labor, bureau of labor statistics. The revised dollar amounts shall be raised to the nearest whole dollar. The income dollar amounts for each rate bracket may not be revised below the amounts prescribed in the prior taxable year.
2. The Secretary of State shall submit this proposition to the voters at the next general election as provided by article IV, part 1, section 1, Constitution of Arizona.
