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AZ SB1531

Bill

Status

Passed

5/12/2017

Primary Sponsor

Steven Yarbrough

Click for details

Origin

Senate

Fifty-third Legislature - First Regular Session (2017)

AI Summary

  • Redirects aircraft registration fees: 50% to state general fund, 35% to state aviation fund, 9.5% to counties, and 5.5% to cities and towns (previously all went to aviation fund).

  • Establishes jet fuel excise and use tax revenue deposits to the state aviation fund under section 42-5353.

  • Allocates $30 million annually from highway expansion loan program fund to counties (33.231%), cities/towns (48.097%), large cities (5.247%), and large counties (13.425%) for highway construction and maintenance in fiscal years 2017-2018 and 2018-2019.

  • Distributes $30 million in fiscal year 2018-2019 and $60 million in fiscal year 2019-2020 from Arizona highway user revenue fund using same allocation percentages as above.

  • Extends liquor licensing system appropriations exemption from lapsing rules until June 30, 2018; implements gaming regulatory assessment of 0.5% on pari-mutuel wagering; and suspends insurance department fee adjustments for fiscal year 2017-2018.

Legislative Description

Revenues; budget reconciliation; 2017-2018

Taxation

Last Action

Chapter 312

5/12/2017

Full Bill Text

No bill text available