Assigned to FIN                                                                                                                             FOR COMMITTEE

 

 


 

ARIZONA STATE SENATE

Phoenix, Arizona

 

VETOED

FINAL REVISED

 

FACT SHEET FOR H.B. 2622

 

sales tax; contractor’s solar exemption

 

Purpose

 

Creates a transaction privilege tax (TPT) exemption for prime contractors for the installation of solar energy devises.

 

Background

 

In 1991, the Arizona Legislature enacted two transaction privilege tax exemptions applicable to solar energy devices. One was for sales of such devices under the retail classification, and the other was for the contractor's cost of the device installed under the prime contracting classification.  At the time the exemptions were added, both exemptions were set to expire on December 31, 1996.  However, the exemption under the retail classification was later amended to delete the expiration clause. Last year’s H.B. 2287 (Laws 2000, Chapter 214) reinserted the exemption for prime contractors and made the exemption applicable retroactively to January 1, 1997.  The exemption was to expire on January 1, 2011. 

 

H.B. 2622 amends the existing prime contracting TPT exemption for solar energy devices to include the cost of the installation of the solar energy device. It allows the contractor to deduct not only the cost of the device but the installation proceeds, including the amount a contractor might charge the customer up to a $5,000 deduction per contract until January 1, 2002.

 

According to representatives of the Arizona Solar Industry and the Arizona Department of Revenue (DOR), H.B. 2622 would eliminate contractors’ TPT liability in cases where statutes were misinterpreted and would ensure that no contractor is assessed for taxes improperly reported since January 1, 1997.

 

DOR estimates that there would be little if any fiscal impact to the state general fund associated with this measure.

 

In her veto message, the Governor states that since a provision of this bill would eliminate a tax exemption thereby increasing state revenue, the bill needed a two-thirds vote of the legislature in order to pass.  Although the bill did have the required number of votes, the language of the bill does not include a separate provision describing the requirement for enactment.  This provision is required by the Arizona Constitution in a case where state revenues are increased "in the form of…a reduction or elimination of a tax deduction, exemption, exclusion, credit or other tax exemption feature in computing tax liability."

 

Provisions

 

1.      Requires,  for the tax period from January 1, 1997 to January 1, 2000,  a prime contractor to deduct the gross proceeds of sales or gross income derived from a contract to provide and install a solar energy device before computing the prime contracting classification tax base.

 

2.      Repeals statutes in order to blend dually enacted legislation regarding the requirement that DOR account separately for prime contracting tax revenues resulting from the preparation or construction of a multipurpose facility and related infrastructure that is owned, operated or leased by the Tourism and Sports Authority.

 

3.      Makes technical and conforming changes.

 

4.      Provides for a general effective date.

 

House Action                                                               Senate Action                                                                                                                                                                                                                                                                                                                                                                                                                                                              

 

EUT                 2/21/01            DP       6-0-4-0-0        FIN                  3/26/01     DP     7-1-0-0

WM                 3/6/01              DPA    10-0-0-0          3rd Read           4/27/01               26-2-2-0

3rd Read           3/14/01                        45-10-5-0

 

 

Vetoed by Governor 5/4/01

 

Prepared by Senate Staff

May 31, 2001