Refers a one cent TPT and use tax for education to the ballot at the next general election.

1. Establishes a one cent transaction privilege (TPT) and use tax beginning on July 1, 2021.
1. Specifies the tax is for each TPT classification subject to a rate of 5% or more or 1% of the tax base for use tax.
2. States the tax is subject to the same exemptions, deduction and exclusions currently in statute.
3. Requires all monies collected be deposited in the General Fund and appropriated as follows:
1. 75% for primary and secondary classroom purposes;
2. 20% for Technology and Research Initiatives and maintaining a resident tuition rate consistent but the state constitution;
3. 5% for community college trade and workforce development programs; and
4. Specifies the tax established is not subject to Prop 126.
5. Directs the Secretary of State to refer the proposition to the ballot at the next general election.