GPLET Reform Bill Overwhelmingly Passes House With Amendments

PHOENIX, Arizona – In 1996, the Government Property Lease Excise Tax (“GPLET”) was first established by the State of Arizona as a redevelopment tool to initiate development by reducing a project’s operating costs. In 2010, under the state statute, the Legislature amended GPLET laws and an excise tax rate was established for the building type of use […]

GPLET Reform Bill Overwhelmingly Passes House With Amendments Read More »