AZ SB1507

Repeals Arizona Revised Statutes section 41-194.01, which authorized the attorney general to notify the state treasurer to withhold revenue distributions to counties, cities, or towns for violating state law or the Arizona Constitution.

Removes provisions in section 42-5029 (transaction privilege tax distribution) that allowed withholding of shared revenues to local governments upon attorney general notice of legal violations, with revenue redistributed to other municipalities.

Removes provisions in section 43-206 (urban revenue sharing fund) that authorized withholding distributions to cities and towns upon attorney general notice of ordinance or action violating state law or the Constitution.

Makes technical corrections to statutory language in sections 42-5029 and 43-206, including stylistic revisions to "the" vs. "this" state and number formatting.