On Jun. 21, AZ LEG enacted bill re business licenses, tax exemptions.
AZ LEG approved Bill SB 1370 to revise Arizona Revised Statutes re licenses, permits and tax exemptions for businesses operated by a person under the age of 19.
Document dated Jun. 21, 2024, received from AZ LEG Jun. 26, summarized on Jul. 1.
A municipality or county may not require any license or permit for a business that is both operated by a person under 19 years of age, or operated only occasionally.
Person under age of 19 conducting business in Arizona is not required to obtain a transaction privilege tax license or remit taxes, if annually proceeds are under $10k.
Legislative History
On Jan. 30, 2024, bill introduced in Senate; on Feb. 15, 2024, bill passed in Senate.
On Feb. 16, 2024, bill transmitted to House; on Apr. 24, 2024, bill passed in House.
On Apr. 24, 2024, bill returned to Senate; on Jun. 12, 2024, Senate concurred bill.
On Jun. 13, 2024, bill sent to governor; on Jun. 21, 2024, bill signed by governor.
On Jun. 21, 2024, bill became Chapter 237.
Effectiveness
Bill became Ch. 237, effective on Sep. 14, 2024 (91 days after Jun. 15 adjournment).
