Staff Analysis of the Legislation
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SCR1001- A Concurrent Resolution on
education; TPT; use tax (Allen) This bill proposes
an amendment to the Constitution of Arizona to appear on the 2020 general
election ballot. The
amendment creates a separate 1% Transaction Privilege Tax (TPT) beginning July
1, 2021 to raise revenue for education. The revenue
from the proposed tax would be distributed as follows: = 73% for primary and secondary
classroom education purposes = 22% for maintaining an in-state
tuition rate consistent with the State Constitutional requirement for tuition
to be as nearly free as possible = 5% for community college trade and
workforce development programs. |