AZ HB2461

Imposes a 1% surcharge on payroll taxes for businesses operating in Arizona that employ 50 or more employees, effective for taxable years beginning after December 31, 2026.

Creates the Community College Apprenticeship and Workforce Development Program Fund to receive revenues from the new surcharge, with monies continuously appropriated.

Directs the Arizona Office to establish an application process for community colleges to access fund monies for developing and administering apprenticeship and workforce development programs.

Applies the surcharge to individual business owners, corporations, and Arizona small business taxpayers, with co-owners paying their pro rata share based on ownership interests.

Requires a two-thirds vote in both legislative chambers for enactment due to constitutional requirements for tax measures.