AZ SB1539

Ends allocation of cigarette tax revenues to corrections fund effective July 1, 2015, redirecting future amounts to state general fund.

Changes cigarette tax stamp discount rates: reduces to 96% after September 30, 2014, then adjusts to 96.48% after September 30, 2016 with administrative allowances of 3.52 cents per stamp.

Redirects elderly assistance fund monies accumulated after December 31, 2015 to elderly assistance program instead of primary school district tax reductions.

Establishes $2,000,000 veterans' income tax settlement fund to provide refunds to Native American veterans who had Arizona income tax erroneously withheld from military pay between September 1, 1993 and January 1, 2006.

Appropriates $30,000,000 for local government highway and infrastructure projects, distributed proportionally among counties, cities, towns, and regional transportation authorities.