SB 1132 Summary

• Establishes a new distribution mechanism for transaction privilege tax revenues collected on Indian reservations, requiring 50% of monthly revenues to be transmitted to each Indian tribe for telecommunications infrastructure and community development projects on their reservation.

• Modifies the cap on revenue distributions to qualifying Indian tribes with community colleges, limiting annual distributions to the lesser of $1.75 million or one-tenth of transaction privilege tax revenues from the reservation.

• Makes technical amendments to cross-references in section 42-6010 regarding municipal tax incentive penalties and distributions to cities and towns.