Arizona HCR 2012: school districts; expenditure limit; authorization.

Bill Text

HCR2012 - 572R - I Ver 

 REFERENCE TITLE: annual taxes; technical correction

 State of Arizona

 House of Representatives

 Fifty-seventh Legislature

 Second Regular Session

 2026

 HCR 2012

 Introduced by 

 Representative 
 Biasiucci

A CONCURRENT 
RESOLUTION

Proposing an amendment to the 
constitution of Arizona; amending article IX, section 3, Constitution of 
Arizona; relating to annual tax.

(TEXT OF BILL BEGINS ON NEXT PAGE)

Be it resolved by the House of Representatives of the State of 
Arizona, the Senate concurring:

1. Article IX, section 3, Constitution of Arizona, 
is proposed to be amended as follows if approved by the voters and on 
proclamation of the Governor:

START_STATUTE3. Annual tax; purposes; amount; tax laws; payment of taxes into 
state treasury

Section 
3. The legislature shall provide by law for an annual tax 
sufficient, with other sources of revenue, to defray the necessary ordinary 
expenses of the state for each fiscal year. And for the purpose of 
paying the state debt, if there be any, the legislature shall provide for 
levying an annual tax sufficient to pay the annual interest and the principal 
of such debt within twenty-five years from the final passage of the law 
creating the debt.

No tax shall be levied 
except in pursuance of law, and every law imposing a tax shall state distinctly 
the object of the tax, to which object only it shall be applied.

All taxes levied and 
collected for state purposes shall be paid into the state treasury in money only. END_STATUTE

2. The Secretary of State 
shall submit this proposition to the voters at the next general election as 
provided by article XXI, Constitution of Arizona.