JLBC; income tax review; report

SB 1469 requires Arizona's Joint Legislative Budget Committee (JLBC) staff to annually submit a report by November 1 to legislative leaders. The report summarizes the state's individual income tax rate brackets, adjustments to taxable income, and deductions/credits claimed by taxpayers from the prior year. This procedural bill affects legislative staff and provides data for future tax policy discussions but does not change tax rates or laws. It mandates an annual review of existing tax structures without altering taxpayer obligations.