AZ HB2483

Allows cities and towns to use either special census results or the most recent U.S. Census Bureau population estimates for determining state shared tax revenue distributions, instead of being required to use special census data exclusively.

Limits the use of special census results to one year only; beginning on July 1 in the second year after a special census, municipalities must switch to using current U.S. Census Bureau population estimates under section 42-5033.01.

Modifies the population estimate process to apply to any decennial census cycle (rather than being limited to 2006), allowing municipalities to submit population estimates before May 1 of the sixth year following each federal decennial census.

Establishes that the most recent population estimates from the U.S. Census Bureau shall be used annually for state shared tax revenue distributions to cities and towns beginning on July 1 in the second year following the decennial census through June 30 of the year following the next decennial census.

Repeals obsolete provisions requiring a Joint Legislative Budget Committee report on population estimates that was due by July 31, 2006.