The bill SB1148 proposes a one-time $250 individual income tax general welfare rebate for eligible Arizona taxpayers who were 65 years old or older during the tax year (TY) 2022. To qualify, taxpayers must have filed a full-year resident tax return for TY 2022 and had a tax liability of at least $1 in TY 2022, 2021, or 2020. The Arizona Department of Revenue (ADOR) is tasked with issuing these rebates between October 15, 2024, and November 15, 2024, and will attempt to pay via electronic funds transfer or, if unsuccessful, by mailing a check to the taxpayer's most recent address.

The bill includes provisions for a surviving spouse or estate representative to claim the rebate for a deceased taxpayer, and it allows taxpayers who do not receive the rebate by November 15, 2025, to file a claim application online. It also requires ADOR to report on the total amount of rebates disbursed, administrative costs, and the total number of rebates issued by February 15, 2026. The bill prohibits any communication about the rebate from being issued by the Governor's Office or referencing the Governor's Office. The rebate program is set to be repealed on January 1, 2031, and the bill becomes effective on the general effective date.