AZ HB2809

Repeals section 43-1089.03 of Arizona Revised Statutes, eliminating an individual income tax credit for contributions to school tuition organizations, effective for taxable years beginning after December 31, 2024.

Updates section 43-222 to remove section 43-1089.03 from the joint legislative income tax credit review schedule for years ending in 2 and 7.

Makes technical amendments to sections 43-401, 43-1602, 43-1603, and 43-1604 to remove references to section 43-1089.03 and clarify remaining school tuition organization tax credit requirements under section 43-1089.

Allows unallocated revenues from contributions made under the repealed section 43-1089.03 as of January 1, 2025 to be treated as contributions under section 43-1089, with school tuition organizations required to report these monies in annual filings.

Preserves the validity of any income tax credits carried forward from prior taxable years under the repealed section and requires a two-thirds vote of both legislative houses for enactment pursuant to the Arizona Constitution.