If enacted, this bill would amend current statutes regarding county excise taxes, specifically targeting the distribution of net revenues collected from such taxes. The bill modifies the existing language by changing the population threshold for counties from "exceeding four hundred thousand persons" to "more than four hundred thousand persons." Additionally, it introduces a new provision that mandates the distribution of net revenues collected under this section, including interest, to the Department of Transportation for transportation projects, regardless of whether the county has a population above or below the specified threshold.
Furthermore, the bill establishes that net revenues not distributed or refunded will be allocated to the Department of Transportation for transportation projects in the respective counties. It also specifies that this act will take effect on April 9, 2026. Overall, these changes aim to clarify and streamline the distribution process of transportation excise tax revenues in Arizona.
Statutes affected: Introduced Version: 42-6106