Arizona HB2269 repeals the transaction privilege tax exemption for utilities.

Arizona HB2269 repeals the transaction privilege tax exemption for utilities. The bill amends the Arizona Revised Statutes to remove the exemption for utilities, which previously excluded certain sales and services from the tax base. The changes affect the definition of the utilities classification and the tax base for utilities, removing deductions for specific sales and services. The repeal applies to taxable periods beginning after the effective date of the bill.

Arizona HB2269 repeals the transaction privilege tax exemption for utilities.

Arizona HB2269 repeals the transaction privilege tax exemption for utilities. The bill amends the Arizona Revised Statutes to remove the exemption for utilities, which previously excluded certain sales and services from the tax base. The changes affect the definition of the utilities classification and the tax base for utilities, removing deductions for specific sales and services. The repeal applies to taxable periods beginning after the effective date of the bill.