{"data":{"id":"us-az/a.r.s.-42-15001","jurisdiction":"us-az","citation":"A.R.S. § 42-15001","heading":"Assessed valuation of class one property","body":"The assessed valuation of class one property described in section 42-12001 is the following percentage of its full cash value or limited valuation, as applicable:\n\n1. Twenty-five percent through December 31, 2005.\n\n2. Twenty-four and one-half percent beginning from and after December 31, 2005 through December 31, 2006.\n\n3. Twenty-four percent beginning from and after December 31, 2006 through December 31, 2007.\n\n4. Twenty-three percent beginning from and after December 31, 2007 through December 31, 2008.\n\n5. Twenty-two percent beginning from and after December 31, 2008 through December 31, 2009.\n\n6. Twenty-one percent beginning from and after December 31, 2009 through December 31, 2010.\n\n7. Twenty percent beginning from and after December 31, 2010 through December 31, 2012.\n\n8. Nineteen and one-half percent beginning from and after December 31, 2012 through December 31, 2013.\n\n9. Nineteen percent beginning from and after December 31, 2013 through December 31, 2014.\n\n10. Eighteen and one-half percent beginning from and after December 31, 2014 through December 31, 2015.\n\n11. Eighteen percent beginning from and after December 31, 2015 through December 31, 2021.\n\n12. Seventeen and one-half percent beginning from and after December 31, 2021 through December 31, 2022.\n\n13. Seventeen percent beginning from and after December 31, 2022 through December 31, 2023.\n\n14. Sixteen and one-half percent beginning from and after December 31, 2023 through December 31, 2024.\n\n15. Sixteen percent beginning from and after December 31, 2024 through December 31, 2025.\n\n16. Fifteen and one-half percent beginning from and after December 31, 2025 through December 31, 2026.\n\n17. Fifteen percent beginning from and after December 31, 2026.","path":["Title 42 Taxation"],"source_url":"https://www.azleg.gov/ars/42/15001.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"19c94691e1799ee3fb6bf618b755d28a9116d3f14614deb9aa24e765ceb28f6d","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-42-14503","next":"us-az/a.r.s.-42-15002"},"notice":"GroundRules: Original legal text. Not legal advice."}