SB 1190 Summary

• Amends Arizona Revised Statutes Section 42-5031.01 regarding distribution of transaction privilege tax (TPT) revenues to Indian tribes for postsecondary educational institutions.

• Requires qualifying Indian tribes to enter into a 20-year compact with the state before receiving TPT revenues, with provisions for amendment and renewal for additional 20-year terms after a legislative review in the fourth year.

• Limits annual TPT distributions for a single community college to $1,750,000 or 10% of revenues from the reservation, whichever is less.

• For an additional technical university on the same reservation: $875,000 or 5% through fiscal year 2019-2020; $1,875,000 or 15.7% from fiscal year 2020-2021 through 2026-2027; $875,000 or 5% beginning fiscal year 2027-2028.

• Requires tribal colleges to use funds primarily for capital needs, maintenance, and renewal of facilities, with audits by the auditor general and submission of audit copies to the joint legislative budget committee.