AZ SB1067

Amends Arizona tax credit provisions for contributions to school tuition organizations (STOs) under sections 43-1089, 43-1183, 43-1184, 43-1602, and 43-1603.

Prohibits taxpayers from claiming the tax credit if they designate contributions for the benefit of a specific student or agree with other taxpayers to swap designations to benefit each other's dependents.

Requires STOs to not award scholarships based in whole or in part on donor recommendations, replacing previous language that allowed recommendations to be considered as a factor.

Mandates STOs include notice in printed materials, scholarship applications, and websites stating that scholarships cannot be awarded based on donor recommendations and that taxpayers cannot claim credits for donation swaps.

Clarifies that STOs must not limit scholarship availability to one school and must allocate at least 90 percent of annual revenue to educational scholarships or tuition grants.