AZ SB1807

Amends section 42-5031.01 of Arizona Revised Statutes to modify transaction privilege tax (TPT) revenue distribution to Indian tribes for postsecondary educational institutions.

Changes the timing of joint legislative budget committee review of tribal college compacts from "prior to expiration" to "before" the compact's term expires during the fourth year.

Increases revenue caps for an additional technical university on the same Indian reservation to $1,875,000 or up to 15.7% of TPT revenues from the reservation for fiscal years 2021-2022 through 2027-2028, then reduces to $875,000 or 5% beginning fiscal year 2028-2029.

Updates terminology to refer to "technical university" instead of "technical college" for additional institutions on the same reservation.

Maintains existing requirements that monies be used for capital needs, maintenance, and renewal of community college campuses on tribal reservations, with audits by the auditor general.