Bill Text: AZ HB2727 | 2012 | Fiftieth Legislature 2nd Regular | Chaptered


Bill Title: Public school tax refund checkoff

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2012-03-21 - Governor Signed [HB2727 Detail]

Download: Arizona-2012-HB2727-Chaptered.html

 

 

 

House Engrossed

 

 

 

 

State of Arizona

House of Representatives

Fiftieth Legislature

Second Regular Session

2012

 

 

 

CHAPTER 77

 

HOUSE BILL 2727

 

 

AN ACT

 

Amending section 43-617, Arizona Revised Statutes; relating to income tax refund CHECK OFFS.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 



Be it enacted by the Legislature of the State of Arizona:

Section 1.  Section 43-617, Arizona Revised Statutes, is amended to read:

START_STATUTE43-617.  Contribution for state aid to public schools

A.  The department shall provide a space on the individual income tax return form in which the taxpayer may designate the full all or any amount of the taxpayer's refund as a voluntary contribution for state aid to public schools pursuant to section 15‑973.01.

B.  After subtracting any setoff for debts pursuant to section 42‑1122, the department shall subtract the designated amount from the refund due the taxpayer and transfer it to the state board of education who, which shall credit the amount of the contribution to the assistance for education fund established pursuant to section 15‑973.01.  The department shall determine the initial administrative cost of this section and report the amount to the state board of education who, which shall transfer that amount from the assistance for education fund to the state general fund. END_STATUTE


 

 

 

 

 

APPROVED BY THE GOVERNOR MARCH 21, 2012.

 

FILED IN THE OFFICE OF THE SECRETARY OF STATE MARCH 22, 2012.

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