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Arizona Individual Income Tax Rate Reduction Measure (2024)
| Arizona Individual Income Tax Rate Reduction Measure | |
|---|---|
 | |
| Election date November 5, 2024 | |
| Topic Taxes | |
| Status Not on the ballot | |
| Type State statute | Origin State legislature |
The Arizona Individual Income Tax Rate Reduction Measure was not on the ballot in Arizona as a legislatively referred state statute on November 5, 2024.
This amendment would have provided for the Joint Legislative Budget Committee to determine whether there is a surplus in taxes collected, and if so, for the individual income tax rate to be reduced to 50% of the structural surplus.[1]
Text of measure
Full text
The full text of the ballot measure is available here.
Path to the ballot
- See also: Legislatively referred state statute
In Arizona, the state Legislature can refer a statute to the ballot. A simple majority vote was required in each legislative chamber.
The measure was introduced on February 1, 2023. It passed the Arizona State Senate on February 22, 2023, by a 16-13 vote.[1]
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See also
External links
Footnotes
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State of Arizona Phoenix (capital) |
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