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AZ HB4026
Bill
Status
3/4/2026
Primary Sponsor
Michael Carbone
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AI Summary
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Reduces the annual distribution limit for state transaction privilege tax revenues to cities, towns, or counties for public infrastructure improvements supporting manufacturing facilities from $200,000,000 total to $75,000,000 per fiscal year
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Expands the definition of "public infrastructure" for wastewater facilities to include reclamation, recycling, treatment, and storage in addition to existing production, delivery, and disposal
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Requires cities, towns, or counties to provide an analysis of anticipated direct and indirect state revenues from manufacturing facility construction to the Arizona Commerce Authority as part of written agreements
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Allows the department to retain excess eligible monies beyond the fiscal year cap and direct the state treasurer to resume payments the following fiscal year, with reimbursements paid in the order submitted
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Mandates the department to post all development agreements and intergovernmental agreements with cities, towns, or counties on the department's website
Legislative Description
Public infrastructure improvements; distribution limit
Last Action
Senate read second time
3/10/2026