AZ SB1808

Amends transaction privilege tax (TPT) distribution to separately account for and distribute revenues from unincorporated territory completely surrounded by Indian reservations to the county treasurer for projects in that unincorporated area.

Modifies section 41-194.01 to clarify that the attorney general can withhold state shared revenues from counties, cities, or towns violating state law, with withholding and redistribution procedures specified in section 42-5029.

Updates section 42-5029 subsection letter designations to accommodate the new revenue distribution category for "county islands" (unincorporated areas surrounded by Indian reservations).

Makes technical corrections to section 42-6010 regarding retail business location municipal tax incentives, including grammar and terminology clarifications.

Applies to taxable periods beginning on or after the first day of the month following the act's effective date.