AZ SB1331

Repeals sections 43-1072.01 and 43-1072.02 of Arizona Revised Statutes, which provided income tax credits for low-income taxpayers, effective for taxable years beginning after December 31, 2019.

Redirects $25,000,000 in annual funding from the state general fund (previously used to reimburse low-income tax credits) to the Department of Education for school resource officers in the school safety program established by section 15-154.

Amends section 42-5029 to change the allocation of transaction privilege and use tax revenues to fund school resource officers instead of low-income tax credit reimbursements.

Amends section 42-5029.02 to similarly redirect $25,000,000 in annual education tax revenues to school resource officers rather than low-income tax credit costs.

Requires a three-fourths vote in both chambers for enactment of revenue-related provisions and a two-thirds vote for overall enactment pursuant to Arizona constitutional requirements.