Arizona Senate approves homeowner’s rebate bill - East Valley Tribune: Business

Arizona Senate approves homeowner’s rebate bill

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Posted: Thursday, April 19, 2012 1:27 pm

Arizona lawmakers have approved legislation that would eliminate a requirement that homeowners submit an affidavit to receive a tax rebate.

The bill was met with overwhelming approval by the Senate Thursday in a 29-0 vote. With the legislation, residential property owners would no longer have to declare every two years if a property is their primary residence.

Instead, the bill proposes county assessors periodically notify homeowners by mail.

If a home is not owner-occupied or the owner doesn’t respond on time, it would not qualify for the tax break.

This bill would revise a provision that was part of a massive economic development package approved by the Legislature last year.

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