36-1419. Payments in lieu of taxes authorized
66 words·~1 min read·
/az/title-36/36-1419A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. When a housing project is owned and administered by a housing authority under this article, the housing authority and the city, town or county in which the project is located may agree upon payments to be made in lieu of taxes.
B. Taxing authorities are authorized and directed to accept such payments and funds so collected in the same manner as other taxes are collected.