Property Tax

Tucson Sentinel
Jerod MacDonald-Evoy

A Republican bill that would rein in a controversial tax break used by municipalities to entice large development projects that cities say they need is one step closer to being sent to the governor’s desk. 
https://www.tucsonsentinel.com/local/report/031324_municipal_tax_breaks…

AZ Mirror
Jerod MacDonald-Evoy

Rep. Travis Grantham, R-Gilbert, wants to reduce the amount of time a property can receive a Government Property Lease Excise Tax, or GPLET for short, from eight years down to four years.

“Make no mistake about it…the underlying policy questions still remain and will remain after this bill,” McCarthy said, adding that the tool allows for cities to pick “winners and losers” in economic development.

AZCentral
Kevin McCarthy
The Center Square
Cole Lauterbach
A decision by voters 10 years ago is keeping most Arizonans’ property taxes from skyrocketing as the market values on their homes rise as fast as anywhere else in America.

https://www.thecentersquare.com/arizona/despite-soaring-property-values…

The Center Square
Cole Lauterbach
https://www.thecentersquare.com/arizona/maricopa-county-cuts-property-t…

(The Center Square) – Arizona’s largest county is cutting property taxes.
TIME
Davarian Baldwin
https://time.com/5952901/universities-tax-exemption/

On March 30, 2020, toward the beginning of the global COVID-19 pandemic, New Haven citizens stormed the city’s Zoom budget meeting to vent their outrage at Yale University’s continued strain on city finances. Residents specifically pointed to Yale’s vast and tax-exempt property holdings compared to the deficit-ridden New Haven public schools hungry for property-tax dollars.
Arizona Daily Star
Howie Fischer
https://tucson.com/business/effort-underway-to-lower-property-taxes-for…

Arizona Republican lawmakers are moving to lower property taxes on businesses.

But the chief proponent told members of the Senate Finance Committee on Wednesday that it is being done in a way not to shift the burden to homeowners, and without reducing revenues available to local governments and schools that depend on the levy.
KJZZ
Mark Brodie
Many advocacy groups will be competing for Arizona lawmakers’ time and a slice of the state budget this year.

Arizona Tax Research Association is included in that list. The Show sat down with the Sean McCarthy, senior research analyst there.

Interview Highlights
What ideally would you most like to see come out of this legislative session?
AZ Mirror
Jerod Macdonald
https://www.azmirror.com/2019/10/16/auditor-general-finds-deficiencies-…

University of Arizona failed to properly oversee a commercial real estate project and allowed millions of dollars to be improperly spent, and there is a general lack of transparency and oversight at university real estate projects overseen across the state by the Arizona Board of Regents, state auditors concluded.
Heartland Institute
Bonner Cohen, Kenneth Artz
https://www.heartland.org/news-opinion/news/arizona-ag-sues-state-unive…

Arizona Attorney General Mark Brnovich filed a lawsuit against the Arizona Board of Regents (ABOR) to stop Arizona State University (ASU) from entering into land deals that allow commercial developments to benefit from educational institutions’ property tax exemption.