This bill proposes to amend existing statutes related to the integrated tax system modernization project in Arizona. The primary updates include extending the timeline for certain provisions from June 30, 2028, to June 30, 2030, as indicated by the 2030 insertions. The bill also introduces new language regarding the assessment and collection of fees from various governmental entities, specifying that these fees will be determined based on the distribution of state shared revenues and will be assessed annually by October 31. Additionally, it establishes a cap on the total amount of fees for fiscal year 2026-2027, not to exceed $1,273,800, and outlines the proportional distribution of these fees among counties, cities, towns, councils of governments, and regional transportation authorities.
Furthermore, the bill clarifies the amounts to be transferred for the integrated tax system modernization project, with specific caps set for fiscal year 2026-2027: $154,500 for transfers under section 42-5041, subsection E, and $34,400 for transfers under subsection F. The language also includes the repeal of section 42-1009 from December 31, 2031, and emphasizes the use of the most recent census data for apportioning funds. Overall, these changes aim to enhance the efficiency and funding of the integrated tax system modernization project while ensuring accountability in the assessment of fees.