Relating to: onetime individual income tax rebates. (FE)

SB 1 provides a one-time tax rebate to Wisconsin taxpayers who filed individual income tax returns for 2023-2024. Eligible married couples filing jointly receive $1,000, while other individuals receive $500, capped at their actual tax liability for that period. The Wisconsin Department of Revenue will automatically identify eligible taxpayers and issue payments by September 15, 2026, with a claim process available through December 31, 2026, for those who don’t receive the full amount. The bill applies specific tax refund procedures to these rebates, treating them as tax liabilities under existing Wisconsin law.