AZ HB2271

Amends section 43-1089.01 of Arizona Revised Statutes to expand the public school income tax credit to include donations for dual enrollment courses in addition to extracurricular activities and character education programs.

Defines "dual enrollment course" as a college-level course conducted on a high school or joint technical education district campus that is applicable to a community college degree or certificate program and transferable to an Arizona Board of Regents university.

Maintains the existing tax credit limits of $200 for single individuals or heads of household, and $400 for married couples filing jointly.

Requires public schools to report to the department by February 28 each year the total number of payments received, total dollar amounts, and expenditures categorized by specific activity, course, or program, including the new dual enrollment course category.

Permits taxpayers to carry forward unused tax credits for up to five consecutive years if the credit exceeds their tax liability.