HB 4096
appropriation; diminished value; Phoenix; damages
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Bill overview
This bill directs the state treasurer to hold a specific amount of money – $333,000,000 each year for three years – to compensate property owners in Phoenix who have suffered diminished property values due to city zoning ordinances and related actions. The money will be distributed to those who successfully file claims against the city of Phoenix. Additionally, the bill reduces the amount of state funds shared with Phoenix by the same amount to cover the cost of these distributions.
Key provisions
- Appropriates $333,000,000 annually from the state general fund for three fiscal years.
- Directs the state treasurer to hold the funds for distribution.
- Eligibility for distribution is tied to successful claims or settlements against the city of Phoenix.
- Distributions will replace payments from the city of Phoenix.
- Reduces state shared revenues to Phoenix by $333,000,000 per year.
Who is affected
- Property owners in Phoenix
- The City of Phoenix
- State of Arizona taxpayers
Notable changes
- Reduces state funding shared with Phoenix.
- Creates a new mechanism for compensating property owners impacted by city zoning decisions.
Fiscal impact
The bill reduces state shared revenues to the city of Phoenix by $999,000,000 over the three-year period.
Sponsors
Official sponsors from legislative records.
Primary sponsor
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| REFERENCE TITLE: appropriation; diminished value; Phoenix; damages |
| State of Arizona House of Representatives Fifty-seventh Legislature Second Regular Session 2026 |
| HB 4096 |
| Introduced by Representative Kupper |
AN ACT
Appropriating monies to the state treasurer.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Appropriation; state treasurer; diminution in property values; intent
A. The following amounts are appropriated from the state general fund in the following fiscal years to the state treasurer to hold indefinitely to distribute to eligible claimants or property owners that own property in the city of Phoenix for damages from claims filed pursuant to section 12-1134, Arizona Revised Statutes, resulting from the diminution in property values due to implementation of zoning ordinances and other actions adopted by the city of Phoenix:
1. $333,000,000 in fiscal year 2026-2027.
2. $333,000,000 in fiscal year 2027-2028.
3. $333,000,000 in fiscal year 2028-2029.
B. A claimant or property owner is eligible to receive a distribution from the monies appropriated in subsection A of this section if the claimant or property owner presents to the state treasurer proof of a successful claim, settlement or judgment with the city of Phoenix.� Distributions made pursuant to subsection A of this section shall be in lieu of payments or distributions made directly by the city of Phoenix.
C. The legislature intends that the state shared revenues to the city of Phoenix appropriated in the general appropriations act for each of fiscal years 2026-2027, 2027-2028 and 2028-2029 be reduced by $333,000,000. The reduction for each fiscal year shall first be reduced from urban shared revenues and then from state transaction privilege tax revenues.