AZ HB2158

Imposes an additional transaction privilege tax (TPT) rate of 0.6% from June 30, 2021 through June 30, 2041, with revenues directed to education funding including classroom site funds, teacher compensation, school safety, and workforce development.

Establishes a corresponding income tax credit (section 43-1072.02) for low-income taxpayers with federal adjusted gross income of $25,000 or less (married/head of household) or $12,500 or less (single), providing up to $25 per person and maximum $100 per household.

Distributes TPT revenue increases to: $64.1 million annually to classroom site fund, 12% to technology and research initiative fund for universities, 3% to community college workforce development accounts, and remaining amounts to school safety, character education, failing schools tutoring, and teacher salary support.

Amends various education statutes to align school funding mechanisms with the new revenue sources, including charter school financing, school improvement funds, and community college funding distributions.

Requires two-thirds legislative vote for enactment per Arizona Constitution Article IX, Section 22.