The Arizona Governor signed a law amending the state’s property tax exemptions for widows, widowers, individuals with disabilities, and veterans with disabilities. The law increases the maximum allowable exemption amount and assessment limit annually based on inflation measures. The law also includes definitions of terms used to calculate these adjustments. [S.B. 1122, enacted 03/31/25]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
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