The proposed bill, HB2031, seeks to implement a transportation excise tax in Maricopa County, contingent upon voter approval in a county-wide election. If passed, the tax would take effect on January 1, 2026, for a duration of 20 years, with a potential rate of up to 10% of the state transaction privilege tax. The revenue distribution is specified as 50% for freeways and state highway maintenance, 30% for major arterial streets, and 20% for public transportation, while prohibiting the use of funds for light rail extensions and limiting fund transfers to 5% annually. Key changes from current law include raising the population threshold for eligible counties from 1.2 million to 3 million and requiring a comprehensive transportation infrastructure investment plan.

Additionally, the bill modifies existing transportation funding laws by mandating local authorities to cover costs for project enhancements and ensuring state funds align with transportation tax revenue classifications. It alters accounting requirements for the Arizona Department of Transportation (ADOT), removes the obligation for an annual regional road fund plan, and adds representation for unincorporated areas in the Transportation Policy Committee (TPC). The TPC is tasked with collaborating with stakeholders on transportation plans and conducting performance audits every five years. The bill also establishes a regional public transportation authority in populous counties and clarifies parking privileges for nonresidents with disabilities, ensuring consistent accessibility across state lines.

Statutes affected:
Introduced Version: 28-883