By Joseph Kavetsky | Chamber Business News
Arizona voters this election season will vote on Proposition 312, a measure to provide property owners the opportunity to claim a property tax refund for costs associated with nuisances such as homelessness, vandalism, property crime, and drug use. To qualify for the refund, property owners must provide documentation of the expenses they incurred as a direct consequence of local governments’ failure to enforce existing laws.
When a municipality neglects existing laws regarding polluting, illegal camping, loitering, and other nuisances, Proposition 312 allows:
- Property owners to request a refund equal to their property tax liability for any expenses incurred, addressing the impact of the government’s failure to resolve the homeless crisis.
- Mandates the Department of Revenue to reduce the municipality’s state-shared revenue by the amount claimed by the taxpayer.
