SB1800

Arizona SB1800 proposes an additional income tax rate for high-income taxpayers to fund public school infrastructure.

Arizona SB1800 introduces an additional income tax rate of 2.6% for taxpayers with federal adjusted gross income exceeding $1,000,000 to support public school buildings and infrastructure. The bill establishes the K-12 infrastructure fund to manage these revenues, ensuring they supplement, rather than replace, existing funds. The tax aims to ensure all public school buildings are structurally sound and equipped with necessary systems, supporting student learning and meeting state standards. The bill requires a two-thirds legislative vote for enactment.