AZ SB1486

Amends Arizona Revised Statutes Section 43-416 regarding employer withholding tax obligations and trust fund responsibilities.

Clarifies that employers who fraudulently appropriate or secrete withheld taxes with intent to misappropriate "all or part of the tax" are guilty of a class 4 felony.

Removes language referring to "any portion" in favor of more specific phrasing regarding what constitutes fraudulent misappropriation of withheld taxes.

Maintains that withheld taxes constitute a "special fund in trust for this state" under Section 43-415.