02/04/2026 - House Ways & Means

Arizona House Ways and Means Committee · February 4, 2026

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Staff overview of HB 27‑85 (technical/conformity)

Presentation

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Vince Perez, House Ways and Means research analyst, explained that HB 27‑85 would conform Arizona statutes to the Internal Revenue Code as of 2026‑01‑01, adopt retroactive dates that apply to tax year 2025, and establish individual income tax subtractions and modified deductions. He offered to answer questions and noted the amendment on retroactivity and foreign dividend definitions.

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House Ways and Means Committee advanced HB2785, a bill to conform Arizona law to the federal Internal Revenue Code as of Jan. 1, 2026 (with retroactivity to tax year 2025), after extended debate over fiscal impacts and timing; four other technical agency/pension bills were also advanced.

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Transcript

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