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AZ HB2064

Bill

Status

Passed

3/23/2017

Primary Sponsor

Michelle Ugenti-Rita

Click for details

Origin

House of Representatives

Fifty-third Legislature - First Regular Session (2017)

AI Summary

  • Adds section 42-6014 to Arizona Revised Statutes establishing state-level requirements for municipal taxes on jet fuel.

  • Limits municipal jet fuel tax application to a maximum of 10 million gallons purchased by each purchaser per calendar year, with the tax structure required to affirmatively exempt purchases exceeding this threshold.

  • Requires revenues generated by public airports from these taxes to be segregated into separate accounts beginning November 30, 2017.

  • Mandates that segregated revenues be used exclusively for capital or operating costs of the airport, airport system, or other local airport facilities owned or operated by the municipality that are directly and substantially related to air transportation of passengers or property.

  • Declares that jet fuel taxation is a matter of statewide concern, subjecting any municipal tax on jet fuel to these limits and requirements.

Legislative Description

Municipal jet fuel; excise tax

Taxation

Last Action

Transmitted to Governor

3/23/2017

Full Bill Text

No bill text available