Senate Engrossed House Bill

State of Arizona House of Representatives Fifty-third Legislature First Regular Session 2017

CHAPTER 50

HOUSE BILL 2064

 

AN ACT

 

Amending title 42, chapter 6, article 1, Arizona Revised Statutes, by adding section 42‑6014; relating to local excise taxes.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1.  Title 42, chapter 6, article 1, Arizona Revised Statutes, is amended by adding section 42-6014, to read:

START_STATUTE42-6014.  Municipal jet fuel excise tax

The area of taxation of jet fuel, as defined in section 42-5351, is a matter of statewide concern.  Any municipal tax on jet fuel is subject to the following limits and requirements:

1.  The application of the tax is limited to amounts of not more than ten million gallons of jet fuel purchased by each purchaser in each calendar year.  The levy and measure of the tax must be structured to affirmatively exempt purchases in excess of ten million gallons per purchaser per year.

2.  Beginning from and after November 30, 2017, the revenues generated by each public airport must be segregated in separate accounts for the exclusive expenditure for the capital or operating costs of the airport, the airport system or other local airport facilities owned or operated by the municipality and directly and substantially related to the air transportation of passengers or property. END_STATUTE

 

 

 

 

APPROVED BY THE GOVERNOR MARCH 23, 2017.

 

FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 23, 2017.