Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona HB2804: rural affordable housing; tax credits
Status: In committee, June 12, 2026
HB2804 - rural affordable housing; tax credits
What the bill says
An act Amending Title 20, chapter 2, article 1, Arizona Revised Statutes, by adding section 20-224.04; repealing section 20-224.04, Arizona Revised Statutes; amending Title 41, chapter 37, article 2, Arizona Revised Statutes, by adding section 41-3954; repealing section 41-3954, Arizona Revised Statutes; amending section 43-222, Arizona Revised Statutes; amending Title 43, chapter 10, article 5, Arizona Revised Statutes, by adding section 43-1075; repealing section 43-1075, Arizona Revised Statutes; amending Title 43, chapter 11, article 6, Arizona Revised Statutes, by adding section 43-1163…
From the engrossed text, February 23, 2026:
AN ACT Amending Title 20, chapter 2, article 1, Arizona Revised Statutes, by adding section 20-224.04; repealing section 20-224.04, Arizona Revised Statutes; amending Title 41, chapter 37, article 2, Arizona Revised Statutes, by adding section 41-3954; repealing section 41-3954, Arizona Revised Statutes; amending section 43-222, Arizona Revised Statutes; amending Title 43, chapter 10, article 5, Arizona Revised Statutes, by adding section 43-1075; repealing section 43-1075, Arizona Revised Statutes; amending Title 43, chapter 11, article 6, Arizona Revised Statutes, by adding section 43-1163; repealing section 43-1163, Arizona Revised Statutes; relating to tax credits. (TEXT OF BILL BEGINS ON NEXT PAGE) Be it enacted by the Legislature of the State of Arizona: Section 1. Title 20, chapter 2, article 1, Arizona Revised Statutes, is amended by adding section 20-224.04, to rules A. A taxpayer is allowed a credit against the premium tax liability imposed pursuant to section 20-224, 20-837, 20-1010, 20-1060 or 20-1097.07 if the Arizona department of housing issues an eligibility statement for a qualified project pursuant to section 41-3954. The amount of the credit: 1. Is equal to the amount determined by the department of revenue pursuant to section 41-3954 for the qualified project. 2. On notice to the department of insurance and financial institutions, may be allocated among the partners, members or shareholders, as they may agree among themselves, …