SB1281, sponsored by Janae Shamp (R-29), is subject to a striker that would mandate state income tax rebates of $200 individual, $400 joint, for anyone who filed a tax return in 2022. The bill has no fiscal note, but roughly 2.7 million people file income taxes in Arizona every year, meaning this would probably cost the state between $540 million and $1.1 billion each year. A revenue cut of that amount would spell massive cuts to K-12 education. Scheduled for Senate Finance Committee, Monday. OPPOSE.











