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Economic reports or analysis from Arizona state agencies or independent research firms
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Arizona Voters Approve Prop 312 for Property Tax Refunds
Nov 7, 2024, 11:10 PM
Arizona voters have overwhelmingly approved Proposition 312, which allows tax refunds from the state to property owners if their local government follows a 'policy, pattern or practice' of failing to enforce nuisance laws, resulting in a cost to the owner. The measure, passed by a vote of 58% to 42%, is seen as a relief for Arizonans affected by the state's rampant homelessness crisis. This first-in-the-nation reform aims to compensate residents whose livelihoods are being destroyed by municipalities that refuse to enforce the law.
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