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AZ SB1531
Bill
Status
5/12/2017
Primary Sponsor
Steven Yarbrough
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AI Summary
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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).
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Establishes jet fuel excise and use tax revenue deposits to the state aviation fund under section 42-5353.
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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.
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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.
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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