~ In a historic move, Governor Katie Hobbs of Arizona has signed the Arizona First budget into law, delivering a $1.4 billion tax cut for working families. The budget also includes a three-year moratorium on data center tax credits and investments in border security, healthcare, public safety, and education.

Governor Hobbs expressed her excitement about the bipartisan budget, stating that it will benefit middle-class Arizonans by providing them with more financial stability. She highlighted some of the key changes that will take effect on July 1st, including no taxes on tips and overtime, a higher standard deduction, and a deduction for seniors. Additionally, next year will see an expansion of the child tax credit.

The governor emphasized her commitment to cutting taxes every year she has been in office and acknowledged the struggles that families face due to Washington's policies. She believes that this tax cut will help alleviate some of the financial burdens faced by working-class families in Arizona.

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The budget was signed alongside several bills including SB 1847 general appropriations act; 2026-2027, HB 4155 amusements; 2026-2027, HB 4156 capital outlay; appropriations; 2026-2027, HB 4157 commerce; 2026-2027, HB 4158 criminal justice; 2026-2027, HB 4159 environment; 2026-2027, HB 4160 health care; 2026-2027, HB 4161 higher education; 2026-2027, HB 4162 human services; 2026-2027, HB 4163 K-12 education; 2026-2027, HB 4164 local government; 2026-2027, HB 4165 revenue; 2026-2027, HB4166 state budget implementation; 20126-20127, HB 4167 state properties; management; 2026-2027, HB 4168 taxation; omnibus; 2026-2027, and HB 4169 transportation; 2026-2027.

Governor Hobbs remains committed to lowering costs for Arizonans and ensuring that working-class families can thrive in the state. With this budget, she hopes to provide much-needed relief to families and continue to make Arizona a great place to live and work.

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