AZ HB2404

Allows real property owners in Arizona to make voluntary payments to their school districts in addition to regular property taxes, collected by county treasurers alongside tax bills.

Voluntary payments are not tax liens, do not affect state financial aid to districts, and may be used by school boards for any purpose at their discretion.

Provides individual income tax credits up to $600 for single filers and $1,200 for joint filers for voluntary school district payments made under this program.

Provides corporate income tax credits up to $600 per taxable year for voluntary school district payments, with co-owners claiming only their pro rata share.

Requires school districts to report annually to the Department of Revenue the total number and dollar amount of voluntary payments received by February 28 of each year.