Arizona Revised Statutes Title 42. Taxation § 42-15002. Assessed valuation of class two property

1. Class two (R): sixteen percent through December 31, 2015 and fifteen percent beginning from and after December 31, 2015.

2. Class two (P): sixteen percent through December 31, 2015, and fifteen percent beginning from and after December 31, 2015, of the value exceeding the maximum amount of valuation of personal property that is exempt from taxation pursuant to § 42-11127.

3. Class two (C): fifteen percent.