AZ HB2693

Adjusts tax credit dollar amounts for contributions to qualifying charitable organizations and qualifying foster care charitable organizations starting January 1, 2023, based on average annual change in the metropolitan Phoenix consumer price index.

Expands the definition of "qualified individual" for foster care charitable organizations to include persons under 27 years old who left foster care due to reaching age 18, adoption/legal guardianship after age 15, or reunification after age 14.

Adds "normalcy" services to the list of allowable services for qualifying foster care charitable organizations, defined as age or developmentally-appropriate activities as specified in federal law.

Includes behavioral health services, character education programs, workforce development programs, secondary education student retention programs, housing, and financial literacy services as eligible services for qualifying foster care charitable organizations.

Applies retroactively to taxable years beginning after December 31, 2021.