PREFILED JAN 13 2020

REFERENCE TITLE: property tax exemption; veterans' organizations

 

 

 

 

State of Arizona

House of Representatives

Fifty-fourth Legislature

Second Regular Session

2020

 

 

HB 2220

 

Introduced by

Representative Griffin

 

 

AN ACT

 

amending section 42‑11120, Arizona Revised Statutes; relating to property tax exemptions.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 42-11120, Arizona Revised Statutes, is amended to read:

START_STATUTE42-11120.  Exemption for property of veterans' organizations

Property that is owned by a United States veterans' organization that qualifies as a charitable organization and that is recognized under either section 501(c)(3), 501(c)(4) or 501(c)(19) of the internal revenue code is exempt from taxation if the property is used predominantly for those purposes and is not used or held for profit. END_STATUTE

Sec. 2.  Effective date

This act is effective from and after December 31, 2020.