AZ HB2620

Adds section 43-321.01 to allow Arizona individual income tax filers to voluntarily contribute additional money on their tax returns for public education and higher education purposes.

Voluntary contribution options include: classroom site fund for K-12 teacher salaries, K-12 education support, community college workforce development, designated state universities, and university financial aid trust fund.

Contributions are submitted as additional payments with the tax return, are not subject to debt setoff, and are not deductible for state income tax purposes.

Amends sections 15-977, 15-1472, and 15-1642 to allow these funds to receive the voluntary contributions and directs the Department of Revenue to transfer contributed amounts directly to designated funds or agencies.

Effective December 31, 2018.