Arizona HB4026 allocates transaction privilege tax revenues for public infrastructure improvements benefiting manufacturing facilities.

Arizona HB4026 amends the distribution of transaction privilege tax revenues to support public infrastructure improvements for manufacturing facilities. The bill specifies that the state treasurer will distribute these funds to cities, towns, and counties, up to a maximum of $75,000,000 annually. The distribution is contingent on the manufacturing facility making a significant capital investment and entering into an agreement with the local government.

Arizona HB4026 allocates transaction privilege tax revenues for public infrastructure improvements benefiting manufacturing facilities.

Arizona HB4026 amends the distribution of transaction privilege tax revenues to support public infrastructure improvements for manufacturing facilities. The bill specifies that the state treasurer will distribute these funds to cities, towns, and counties, up to a maximum of $75,000,000 annually. The distribution is contingent on the manufacturing facility making a significant capital investment and entering into an agreement with the local government.