Loading chat...
AZ SB1565
Bill
Status
2/1/2021
Primary Sponsor
Jamescita Peshlakai
Click for details
AI Summary
-
Establishes the tribal nations green energy fund to receive 25% of transaction privilege tax revenues collected from Indian reservations, with monies used for grants up to $1,000,000 to tribal nations for renewable energy and infrastructure projects.
-
Maintains existing distribution of transaction privilege tax revenues to tribal nations for community college maintenance and capital expenses, with annual limits of $1,750,000 for a single community college or $875,000 for additional technical colleges on the same reservation.
-
Modifies section 41-194.01 to allow the attorney general to investigate and report on violations of state law by counties, cities, and towns, with authority to withhold and redistribute state shared revenues if violations are not resolved within 30 days.
-
Updates cross-references in section 42-5029 to reflect new subsection designations related to tribal revenue distributions and withholding procedures for non-compliant local governments.
-
Exempts the department of revenue from standard rulemaking requirements for one year after the effective date to implement the tribal nations green energy fund provisions.
Legislative Description
Native American tribes; TPT revenues
Transaction Privilege Tax
Last Action
Senate read second time
2/2/2021