https://apps.azleg.gov/BillStatus/BillOverview/68195
SB1523 is a taxpayer protection measure that requires a unanimous vote of a governing body
to approve a primary property tax increase of 15% or higher (exclusive of the taxes associated
with new construction). Importantly, this measure only applies to primary property taxes and
not to secondary taxes that fund voter-approved bonds.
Historically, few taxing jurisdictions have subjected taxpayers to such large tax increases.
However, in that rare occurrence, those extraordinary tax increases should require more than
just a simple majority vote of the governing body. Such dramatic tax increases should require
the higher threshold of a unanimous vote of the governing body.