Senate Bill 1534 Summary

• Establishes guidance for the integrated tax system modernization project fee assessment for fiscal year 2023-2024
• Caps total fees assessed to all counties, cities, towns, councils of governments, and regional transportation authorities at $6,597,200
• Apportions fees based on each entity's proportion of monies distributed in the fiscal year two years preceding, using revenue distribution formulas from specified Arizona Revised Statutes sections
• Limits transfer prescribed in section 42-5041, subsection E to not exceed $800,000
• Limits transfer prescribed in section 42-5041, subsection F to not exceed $178,100