tax credit; private land; border

HB 2053 creates a tax credit for Arizona private landowners who allow the federal government to use their land for international boundary wall construction. Landowners can claim a credit equal to the fair market value of the specific land portion used, as determined by an appraisal. Co-owners may claim pro-rata shares, and unused credit can be carried forward for up to five years. This bill directly affects private landowners near the U.S.-Mexico border whose property is utilized for border wall projects.