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Prop 208: Voters approve 'Invest in Ed' ballot initiative

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TUCSON, Ariz. — Arizona voters have approved Proposition 208, the Associated Press projected Thursday night after the latest batch of counted ballots were released.

As of Thursday evening, the "yes" votes for the "Invest in Ed" ballot initiative are ahead by about 116,000 votes, or 52% to 48%. So far, the Associated Press still hasn't called the race.

FULL 2020 ELECTION RESULTS

The initiative will enact a 3.5 percent income tax on individuals who make more than $250,000 per year and couples who make more than $500,000 per year.

Proposition 208 is expected to raise hundreds of millions of dollars, and is required to go toward teacher salaries and K-12 education initiatives, according to the language of the ballot measure.

The measure was born out of the 2018 "Red for Ed" movement in Arizona in which thousands of teachers, parents and educators demanded more funding for education in the state.