Arizona HB2786 exempts certain textbook rentals from the transaction privilege tax.

Arizona HB2786 amends the transaction privilege tax to exempt rentals of textbooks from the personal property rental classification. This change applies to taxable periods beginning on or after the first month following the general effective date of the act. The bill also includes provisions for other exemptions and definitions related to the personal property rental classification.

Arizona HB2786 exempts certain textbook rentals from the transaction privilege tax.

Arizona HB2786 amends the transaction privilege tax to exempt rentals of textbooks from the personal property rental classification. This change applies to taxable periods beginning on or after the first month following the general effective date of the act. The bill also includes provisions for other exemptions and definitions related to the personal property rental classification.