SB 1111 Arizona Senate · 57th Legislature - First Regular Session

nonhealth regulatory boards; challenges; prohibition

SB 1111 imposes a fee on businesses (like money transmitters) sending foreign money transfers: $25 for transfers under $500, plus 5% for amounts over $500. The fees collected fund the "Arizona Deportations Fund," which provides $2,500 grants to law enforcement agencies for each individual deported after federal confirmation. The bill also creates a tax credit for businesses that pay this fee, allowing them to offset the cost against state income taxes. This law directly affects businesses handling international money transfers and law enforcement agencies receiving deportation-related grants, with no mention of other affected groups.
Bill status introduced 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Feb 20, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
0
Amendments
1
Feb 20, 2025
Upper · Passed
DPA/SE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jake Hoffman
Jake Hoffman
RRepublican
AZ
15