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AZ HB2984
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Myron Tsosie
Click for details
AI Summary
- Creates a tax credit against Arizona transaction privilege tax (sales tax) for businesses that pay equivalent taxes to Indian tribes on the same tax base during the same period
- Limits the credit amount to taxes due minus the taxpayer's proportionate share of distributions to municipalities and counties under section 42-5029
- Requires the Department of Revenue to distribute one-twelfth of the credit monthly to "qualifying Indian tribes" that own, operate, or charter community colleges or postsecondary institutions on their reservations
- Caps annual distributions at $1,750,000 per community college and $875,000 for an additional technical college on the same reservation
- Mandates that qualifying tribes transmit received funds exclusively to tribal community colleges or postsecondary institutions for programs, maintenance, renewal, and capital expenses
Legislative Description
Sales tax credit; tribal taxes
Last Action
House read second time
2/9/2026
Committee Referrals
Rules2/5/2026
Ways and Means2/5/2026
Full Bill Text
No bill text available