Ariz. Admin. Code § 15-12-202

Current through Register Vol. 30, No. 25, June 21, 2024
Section R15-12-202 - Involuntary Tort Judgments
A. A political subdivision that paid an involuntary tort judgment may only use the judgment to:
1. Offset excess collections from the previous fiscal year; or
2. Justify a primary property tax levy limit being set above the maximum allowable rate in the current fiscal year.
B. The Commission shall recognize an involuntary tort judgment if:
1. The judgment is pursuant to a court order or settlement agreement;
2. The judgment is approved for payment by the political subdivision's governing board;
3. The Attorney General certifies that the judgment is an involuntary tort judgment; and
4. The political subdivision submits copies of the court order or settlement agreement and the minutes of the governing board's pay approval to the Commission on or before the 1st Monday of July.

Ariz. Admin. Code § R15-12-202

Adopted effective September 14, 1990 (Supp. 90-3). Spelling of the word "tort" in subsection (A) corrected (Supp. 94-3). Amended effective October 10, 1997 (Supp. 97-4).