Arizona Revised Statutes Title 42. Taxation § 42-14157. Allocation of electric transmission, distribution and generation values among taxing jurisdictions; definition

A. The value of property computed under §§ 42-14154, 42-14156 and 42-14159 shall be allocated among the various taxing jurisdictions as follows:

B. The unit value of environmental protection facilities under § 42-14154 or 42-14159 shall be allocated among the various taxing jurisdictions in proportion to the original cost of the environmental protection facilities of the owner or the combined group in the respective taxing jurisdiction.

C. Construction work in progress determined under §§ 42-14154, 42-14156 and 42-14159 shall be allocated among the various taxing jurisdictions on a situs basis separately from the unit value of environmental protection facilities.

D. The unit value of renewable energy equipment determined under § 42-14155 shall be allocated among the various taxing jurisdictions in proportion to the original cost of the renewable energy equipment of the owner or the combined group in the respective taxing jurisdiction.

E. For the purposes of this section, “combined group” means all corporations and other entities that are at least eighty per cent owned or controlled by a common parent entity, determined by reference to voting shares.