AZ SB1148

Issues a one-time individual income tax general welfare rebate to Arizona taxpayers who filed a full-year resident tax return for taxable year 2022, were at least 55 years old during that year, and had tax liability of at least $1 in 2022, 2021, or 2020.

Rebate amount is left blank in the bill (marked as "$____") to be determined.

Requires the Department of Revenue to issue rebates between October 15 and November 15, 2024, using electronic funds transfer when possible or mailing checks to taxpayers' most recent addresses.

Allows taxpayers who do not receive their rebate by November 15, 2025 to file a claim application online with the Department of Revenue for verification and processing.

Requires the Department of Revenue to report to the legislature by February 15, 2026 on total rebate amounts paid, administrative costs, and number of rebates issued; the rebate program expires December 31, 2030.