AZ SB1144

Amends Arizona's transaction privilege tax (TPT) distribution system to tribal colleges by modifying payment caps and terms for tribal postsecondary educational institutions.

Changes the cap for an additional technical college/university on the same Indian reservation from a flat $875,000 through fiscal year 2021-2022 to $1,875,000 (or up to 15.7% of TPT revenues, whichever is less) for fiscal years 2022-2023 through 2028-2029, then reverting to $875,000 starting fiscal year 2029-2030.

Allows tribal college compacts to be renewed for additional twenty-year terms after the fourth year of the compact term, subject to joint legislative budget committee review and approval by the governor and tribal leadership.

Requires TPT revenues received from sources on Indian reservations to be distributed monthly to qualifying Indian tribes for maintenance, renewal, and capital expenses of community college campuses owned or operated by those tribes.

Maintains existing audit requirements by the auditor general and caps reimbursement to the department of revenue at $150,000 for implementation costs.