SB 1205 Summary

• Adds "classroom supplies" to the list of qualifying expenses for the public school contributions income tax credit under Arizona Revised Statutes Section 43-1089.01.

• Defines classroom supplies as consumable or reusable education-related supplies used during instruction, including paper, pens, markers, scissors, and binders, but excluding calculators, computers, and other electronic devices.

• Requires public schools receiving contributions to report to the Department of Revenue by February 28 each year, including the amount of fees and contributions spent on classroom supplies.

• Tax credit limits remain $200 for single filers/heads of household and $400 for married couples filing jointly.

• Effective for taxable years beginning after December 31, 2017.