Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona HB2786: TPT; exemption; textbook rental
Status: Chaptered, June 22, 2026
HB2786 - TPT; exemption; textbook rental
What the bill says
An act amending section 42-5071, Arizona Revised Statutes; relating to transaction privilege tax.
From the chaptered text, July 6, 2026:
AN ACT amending section 42-5071, Arizona Revised Statutes; relating to transaction privilege tax. (TEXT OF BILL BEGINS ON NEXT PAGE) Section 1. Section 42-5071, Arizona Revised Statutes, is amended to definitions A. The personal property rental classification is comprised of the business of leasing or renting tangible personal property for a consideration and includes peer-to-peer car sharing. The tax does not apply to: 1. Leasing or renting films, tapes or slides used by theaters or movies, which are engaged in business under the amusement classification, or used by television stations or radio stations. 2. Activities engaged in by the Arizona exposition and state fair board or county fair commissions in connection with events sponsored by such entities. 3. Leasing or renting tangible personal property by a parent business entity to a subsidiary business entity or by a subsidiary business entity to another subsidiary of the same parent business entity if taxes were paid under this chapter on the gross proceeds or gross income accruing from the initial sale of the tangible personal property. For the purposes of this paragraph, "subsidiary" means a business entity of which at least eighty percent of the voting shares are owned by the parent business entity. 4. Operating coin-operated washing, drying and dry cleaning machines or coin-operated car washing machines at establishments for the use …
Sponsors
- Justin Olson (R, HD-010) · primary sponsor
Latest actions
- : Chapter 258
- : Governor Signed
- : Transmitted to Governor
- : Senate third reading passed (29 votes)
- : Transmitted to House
- : Passed
- : Senate Committee of the Whole
- : do pass
- : Senate read second time
- : Senate read first time
Votes
- THIRD Passed (June 10, 2026): 29 yea, 0 nay, passed
- FIN DP (March 9, 2026): 5 yea, 0 nay, passed
- THIRD Passed (February 19, 2026): 56 yea, 0 nay, passed
- RULES C&P (February 2, 2026): 8 yea, 0 nay, passed
- WM DP (January 28, 2026): 8 yea, 0 nay, passed
Common questions
- What is HB2786?
- HB2786 is a bill in the Arizona Legislature (Fifty-seventh Legislature - Second Regular Session (2026)): TPT; exemption; textbook rental.
- What does HB2786 do?
- In its own words: An act amending section 42-5071, Arizona Revised Statutes; relating to transaction privilege tax.
- What is the status of HB2786?
- Chaptered as of June 22, 2026. Latest action: Chapter 258 (June 22, 2026).
- Who sponsored HB2786?
- Justin Olson (R, HD-010).
- Where is the official record for HB2786?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/84627/?SessionId=130
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.