The proposed bill, if enacted, would amend current statutes related to revenue by updating the assessment of fees for counties, cities, towns, councils of governments, and regional transportation authorities that receive state shared revenues. Specifically, it would include the Maricopa County one-half cent transportation excise tax in the fee assessment for the Arizona Department of Revenue's Integrated Tax System Modernization Project. The bill would also establish a cap on the total fees assessed for fiscal year 2026 at $6,558,800, with specific guidelines for how these fees are to be distributed among the various entities based on their respective tax revenue distributions from the previous fiscal year.

Additionally, the bill would clarify the basis for apportioning fees and transfers related to the Integrated Tax System Modernization Project, specifying that population data from the most recent census will be used for calculations. It would also set limits on the amounts transferred from additional education transaction privilege tax revenues and marijuana excise tax revenues for the project, ensuring that these do not exceed $795,300 and $177,200, respectively, in fiscal year 2026. The bill aims to make technical and conforming changes to existing statutes while ensuring that the new provisions align with the overall fiscal strategy for the state budget.

Statutes affected:
Introduced Version: 42-5041
House Engrossed Version: 42-5041