Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 42. Taxation |
Chapter 3. LUXURY PRIVILEGE TAX |
Article 3. Disposition of Revenue |
Sec 42-3103. Monies allocated for state school aid
Latest version.
-
The department shall allocate the following monies for the purpose of state school aid:
1. 1.17 per cent of the monies collected pursuant to section 42-3052, paragraph 1.
2. 14 per cent of the monies collected pursuant to section 42-3052, paragraph 3.
3. 19.44 per cent of the monies collected pursuant to section 42-3052, paragraph 5.