This bill proposes updates to section 42-6106 of the Arizona Revised Statutes regarding county excise taxes. It modifies the current language by changing the population threshold from "exceeding four hundred thousand persons" to "more than four hundred thousand persons." Additionally, it introduces new provisions for the distribution of net revenues collected under this section, specifying that these revenues, if not refunded by April 10, 2026, will be allocated to the Department of Transportation for transportation projects in both counties with populations over and under four hundred thousand.
Furthermore, the bill includes a declaration that it is an emergency measure, indicating that it is necessary for the preservation of public peace, health, or safety, and will take effect immediately upon becoming law. This change aims to ensure that transportation funding is effectively managed and distributed to support infrastructure projects across counties of varying sizes.
Statutes affected: Introduced Version: 42-6106