HB2566 proposes a transportation excise tax in Arizona counties with over three million residents, with specific revenue distribution and usage rules.
HB2566 amends Arizona law to allow counties with over three million residents to impose a transportation excise tax, subject to voter approval. The tax applies to businesses and utilities, with revenues distributed to road and public transportation funds. The tax cannot be used for light rail extensions or projects reducing highway lanes unless specific conditions are met. The tax term is 20 years, extendable by voter approval. The bill also outlines election procedures and cost coverage for the tax-related ballot issue.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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