Invest in Education Act

Arizona Ballot Measure - Proposition 208

Election: Nov. 3, 2020 (General)

Outcome: Passed

Categories:

Education
Taxes

Summary


The law would impose a 3.5% tax surcharge on taxable annual income over $250,000 for single persons or married persons filing separately, or $500,000 for married persons filing jointly or heads of households, to increase funding for public education

Measure Text


A "YES" vote shall have the effect of imposing a 3.5% income tax surcharge, in addition to existing income tax rates, on taxable annual income over $250,000 for single persons or married persons filing separately, or $500,000 for married persons filing jointly or heads of
households, to provide additional funds for public education; creating a new fund to direct the additional revenue to hiring and increasing salaries for teachers and other non-administrative support personnel, career training and higher education pathway programs for high school students, and the Arizona Teachers Academy; and increasing the dollar amount of scholarships available through the Arizona Teachers Academy

A "NO" vote shall have the effect of retaining existing law on income tax rates and funding for public education.

Resources


Official Summary

Source
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