AZ HB2496

Distributes 50 percent of transaction privilege tax revenues collected from Indian reservations monthly to each Indian tribe, to be used for telecommunications infrastructure and community development projects including buildings, infrastructure, and roads on the reservation.

Establishes new subsection F in section 42-5029 requiring the department to separately account for and distribute transaction privilege tax revenues from Indian reservation sources to Indian tribes, with remainder credited to state general fund.

Modifies section 42-5031.01 to limit annual distributions to Indian tribes for tribal postsecondary educational institutions to $1,750,000 per community college or $875,000 per additional technical college, or 10 percent and 5 percent of reservation revenues respectively, whichever is less.

Allows enrolled Indian tribe members who reside on their tribe's reservation to purchase motor vehicles tax-exempt, and extends this exemption to multiple purchasers who are all enrolled members of Indian tribes.

Adds coal sales to tax exemptions in the retail classification under section 42-5061.