This bill proposes amendments to current statutes regarding county excise taxes, specifically targeting the distribution of net revenues collected from these taxes. Under the current law, revenues from counties with a population exceeding four hundred thousand are deposited into the regional transportation fund. The bill modifies this by changing the phrasing to "more than four hundred thousand persons" and introduces a new section that outlines the distribution of net revenues. It specifies that these revenues, including any interest earned, will be allocated to the Department of Transportation for transportation projects, regardless of whether the county has a population above or below the four hundred thousand threshold.

Additionally, the bill establishes that the distribution of these net revenues will occur only if they are not refunded to taxpayers as per existing refund provisions. The act will take effect on April 9, 2026, ensuring that the new distribution guidelines are implemented after this date. Overall, the bill aims to clarify and streamline the process for handling excise tax revenues in Arizona's counties.

Statutes affected:
Introduced Version: 42-6106