Arizona HB2924 amends transaction privilege and use tax exemptions, including sales of fire apparatus to certain cities and towns.

Arizona HB2924 amends the Arizona Revised Statutes to modify transaction privilege and use tax exemptions. It exempts sales of fire apparatus to cities and towns with populations under 50,000 or counties with populations under 800,000. The bill also revises exemptions for various types of tangible personal property, including machinery, equipment, and supplies used in specific industries and activities. It adjusts definitions and conditions for exemptions related to manufacturing, processing, research and development, and environmental technology.

Arizona HB2924 amends transaction privilege and use tax exemptions, including sales of fire apparatus to certain cities and towns.

Arizona HB2924 amends the Arizona Revised Statutes to modify transaction privilege and use tax exemptions. It exempts sales of fire apparatus to cities and towns with populations under 50,000 or counties with populations under 800,000. The bill also revises exemptions for various types of tangible personal property, including machinery, equipment, and supplies used in specific industries and activities. It adjusts definitions and conditions for exemptions related to manufacturing, processing, research and development, and environmental technology.