A concurrent resolution proposing an amendment to the constitution of Arizona; amending Article ix, Section 2, constitution of Arizona; relating to property tax exemptions.
A "yes" vote shall have the effect of setting the amount exempt from annual taxes on business equipment and machinery purchased after 2012 to an amount equal to the combined earnings of 50 Arizona workers.
A "no" vote shall have the effect of keeping current constitutional law related to annual taxes on business equipment and machinery.
Find out more about each proposition. Learn the submitted arguments for and against each proposition, what effect a "Yes" or a "No" vote would have, and watch videos of any related coverage on Horizon.
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