Arizona legislation · Fifty-seventh Legislature - First Regular Session (2025)
Arizona SB1050: GPLET; notice; abatement period
Status: Vetoed, April 7, 2025
SB1050 - GPLET; notice; abatement period
What the bill says
An act amending sections 42-6202, 42-6204, 42-6206 and 42-6209, Arizona Revised Statutes; relating to government property lease excise tax.
From the engrossed text, February 25, 2025:
AN ACT amending sections 42-6202, 42-6204, 42-6206 and 42-6209, Arizona Revised Statutes; relating to government property lease excise tax. (TEXT OF BILL BEGINS ON NEXT PAGE) Section 1. Section 42-6202, Arizona Revised Statutes, is amended to database A. A government lessor shall levy and the county treasurer shall collect an annual excise tax on each prime lessee for the use or occupancy of each government lessor's government property improvement. B. A government lessor may not own or operate a government property improvement unless one of the following applies: 1. The improvement is subject to the government property lease excise tax under this article with respect to the improvement. 2. The improvement is exempt from tax under section 42-6208. 3. Tax on the improvement has been abated under section 42-6209. C. Within thirty days after entering into a lease for the occupancy of a government property improvement, the government lessor shall: 1. Record a memorandum of lease in the office of the county recorder in the county in which the government property improvement is located. The memorandum of lease must include the basic lease terms, including the names of the parties, the leased property, the lease term, including the beginning and ending dates, and any options to renew the lease or to purchase any of the government property improvement or government …
Sponsors
- Leach, Venden "Vince" (R, SD-017) · primary sponsor
Latest actions
- : Governor Vetoed
- : Transmitted to Governor
- : Passed
- : do pass
- : Rules: constitutional and in proper form
- : Assigned to Rules
- : Ways & Means: do pass
- : Assigned to Ways & Means
- : Passed
- : do pass amended
Votes
- House - Third Reading (March 31, 2025): 31 yea, 25 nay, passed
- House - Committee of the Whole (DP) (March 26, 2025): 0 yea, 0 nay, passed
- RULES C&P (March 24, 2025): 8 yea, 0 nay, passed
- House Rules Committee Action (C&P) (March 24, 2025): 8 yea, 0 nay, passed
- WM DP (March 19, 2025): 5 yea, 4 nay, passed
- House Ways & Means Committee Action (DP) (March 19, 2025): 5 yea, 4 nay, passed
Common questions
- What is SB1050?
- SB1050 is a bill in the Arizona Legislature (Fifty-seventh Legislature - First Regular Session (2025)): GPLET; notice; abatement period.
- What does SB1050 do?
- In its own words: An act amending sections 42-6202, 42-6204, 42-6206 and 42-6209, Arizona Revised Statutes; relating to government property lease excise tax.
- What is the status of SB1050?
- Vetoed as of April 7, 2025. Latest action: Governor Vetoed (April 7, 2025).
- Who sponsored SB1050?
- Leach, Venden "Vince" (R, SD-017).
- Where is the official record for SB1050?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/81769/?SessionId=129
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.