AZ SB1436

Amends transaction privilege tax (sales tax) distribution to allocate 50% of revenues collected on Indian reservations directly to the tribes, with remaining monies credited to the state general fund.

Allows Indian tribes to use distributed tax revenues for telecommunications infrastructure, community development projects, multipurpose buildings, infrastructure, and roads on their reservations.

Establishes a limit of $1.75 million per fiscal year or one-tenth of reservation tax revenues (whichever is less) for distributions to qualifying Indian tribes that operate community colleges on their reservations.

Requires qualifying Indian tribes to enter into compacts with the state lasting at least 10 years, with audits by the auditor general to account for how distributed monies are used.

Makes technical corrections to provisions regarding municipal tax incentive penalties in large metropolitan areas.