appropriation; diminished value; Phoenix; damages

HB4096 - appropriation; diminished value; Phoenix; damages

Budget

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Nick Kupper
Last action: 2026-02-12
Official status: House second read
Effective date: Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Money for Property Damage Claims in Phoenix

This bill appropriates $333 million annually from 2026-2027 to 2028-2029 to the State Treasurer to help property owners in Phoenix who lost value due to city rules or actions.

What This Bill Does

Appropriates $333 million each year from fiscal years 2026-2027 to 2028-2029 to the State Treasurer for property damage claims.
The money is used to help people who own homes in Phoenix and lost value because of city rules or actions.
People can get this money if they show proof that they won a case, settled out of court, or got a judgment from the city.

Who It Names or Affects

Property owners in Phoenix
The State Treasurer

Terms To Know

Diminution in property values: When something lowers the value of your home or land, like new city rules.
Eligible claimants: People who can get money because they have proof that their property lost value due to city actions.

Limits and Unknowns

The bill does not specify how the State Treasurer will distribute the funds.
It is unclear if this bill has been signed into law yet.

Bill History

2026-02-12 House
House second read
2026-02-11 House
House Rules: None
2026-02-11 House
House Appropriations: None
2026-02-11 House
House first read

Official Summary Text

HB4096 - appropriation; diminished value; Phoenix; damages

Current Bill Text

Read the full stored bill text

HB4096 - 572R - I Ver

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.