AZ SB1441

Imposes an additional transaction privilege tax (TPT) rate of 0.6% on retail sales beginning June 30, 2021, with revenues distributed to education funding including school facilities, universities, community colleges, and classroom instruction.

Establishes a new income tax credit (section 43-1072.02) for low-income Arizona residents with federal adjusted gross income of $25,000 or less (married/head of household) or $12,500 or less (single), providing up to $100 per household to offset increased tax burden.

Distributes TPT revenues to multiple education priorities: debt service for school facilities bonds, technology and research initiatives at universities (12%), workforce development at community colleges (3%), school safety programs, and the classroom site fund for teacher compensation and classroom improvements.

Amends various education statutes to incorporate new revenue sources and ensure the additional tax does not supplant existing school district, charter school, university, or community college funding.

Requires a two-thirds vote in both legislative houses for enactment pursuant to Arizona Constitution Article IX, Section 22.