The proposed bill would amend current statutes related to the Arizona Department of Revenue's fee assessment and collection for the Integrated Tax System Modernization Project. Specifically, it extends the timeframe for the department to assess and collect fees from various entities from June 30, 2028, to June 30, 2029. This includes fees from counties, cities, towns, councils of governments, and regional transportation authorities, as well as transfers of funds from specific tax revenues to support the modernization project. The bill also establishes a cap on the total fees assessed for fiscal year 2027 at $6,286,300 and outlines the proportional distribution of these fees based on prior fiscal year tax revenues.

Additionally, the bill introduces new provisions regarding the assessment of fees and transfers related to the modernization project, including specific limits on the amounts transferred from the additional education transaction privilege tax and marijuana excise tax revenues. It clarifies that the population figures from the most recent census will be used for apportioning fees among the various entities. Overall, the bill aims to ensure the continued funding and implementation of the tax modernization project while updating the relevant statutory language to reflect these changes.

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