public infrastructure improvements; distribution limit

Summary

The bill amends Arizona law to let the state treasurer distribute transaction‑privilege‑tax revenues to cities, towns, and counties for public‑infrastructure projects that benefit manufacturing plants. Payments are triggered only after the manufacturer invests a minimum amount and are limited to either 80% of the project cost or the amount of relevant tax revenue, with overall caps of $200 million total and $75 million per fiscal year. The measure is intended to encourage large manufacturing investments by reducing local infrastructure costs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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