sales tax credit; tribal taxes

HB 2984 allows Arizona residents to claim a credit against their state sales tax for tribal taxes paid on the same sales or business income within the same period. The credit amount is limited to the state tax owed minus the taxpayer's share of local government distributions. If eligible, the state distributes one-twelfth of the credit amount directly to qualifying tribes, which must use these funds to support tribal colleges or postsecondary institutions on their reservations. The bill specifies annual spending limits: $1.75 million per tribal college and $875,000 for additional technical colleges on the same reservation. This directly benefits tribal colleges operating on reservations in Arizona.