Arizona Revised Statutes § 42-5353 Administration; Disposition Of Revenues

42-5353. Administration; disposition of revenues

A. Unless the context otherwise requires, article 1 of this chapter governs the administration of the tax imposed under this article.

B. Forty per cent of the revenue derived from the tax imposed by section 42-5352, subsection A is designated as distribution base and shall be distributed pursuant to section 42-5029, subsection D.

C. Sixty per cent of the revenue derived from the tax imposed by section 42-5352, subsection A shall be credited to the state general fund.

D. One hundred per cent of the revenue derived from the tax imposed by section 42-5352, subsection B shall be credited to the state general fund.

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Last modified: October 13, 2016