Arizona Republican Leaders Unite on Balanced Budget Featuring "Arizona One Big Beautiful Bill"

FOR IMMEDIATE RELEASE
Wednesday, January 14, 2026

PHOENIX, ARIZONA— Senator David Farnsworth, Chair of the Senate Appropriations Transportation & Technology Committee, and Representative David Livingston, House Appropriations Chairman, are working as a unified team to advance a balanced budget that delivers real tax relief for Arizonans. Together, they are leading a plan to align Arizona's tax code with federal tax reforms from President Trump's One Big Beautiful Bill, providing an estimated $1.1 Billion in tax savings for Arizonans over the next three years.

At the federal level, President Trump's tax reforms provided certainty for taxpayers and expanded relief for working families and small businesses, fueling economic growth nationwide. This legislative session, Arizona lawmakers are moving to align state tax policy with those reforms to ensure consistency, competitiveness, and long-term fiscal accountability. Lawmakers aim to modernize the revenue system by aligning key provisions of the state tax code with federal changes, while safeguarding revenues and ensuring a balanced budget.

Senator J.D. Mesnard and Representative Justin Olson have introduced mirror legislation, SB 1106, and HB 2153. Chairman Livingston is promoting these proposals as the "Arizona One Big Beautiful Bill." Today, both bills had their first hearing in a Joint House Ways and Means Committee, marking an important step toward helping Arizona families keep more of their earnings.

"This plan shows what's possible when both chambers work together with a shared commitment to fiscal discipline and taxpayer relief," said Chairman Farnsworth. "By collaborating closely, we are working to ensure that fiscal responsibility and taxpayer relief go hand in hand. Aligning Arizona's tax code with important federal reforms allows us to provide meaningful, long-term tax savings for families and small businesses while still maintaining a balanced budget that safeguards Arizona's financial future."

"The Arizona One Big Beautiful Bill is about delivering results for the people we represent and making government work better for hardworking Arizonans and their families," said Chairman Livingston. "By moving HB 2153 & SB 1106 forward and coordinating closely with our Senate partners, we are taking decisive action to modernize our tax code, strengthen our economy, and give Arizonans greater certainty and confidence. This legislation is a clear statement that Arizona is committed to fiscal discipline, economic growth, and letting families keep more of what they earn."

 

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For more information, contact:

Kim Quintero

Director of Communications | Arizona State Senate Republican Caucus

kquintero@azleg.gov

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