summary
Introduced
01/22/2024
01/22/2024
In Committee
02/05/2024
02/05/2024
Crossed Over
02/16/2024
02/16/2024
Passed
Dead
06/15/2024
06/15/2024
Introduced Session
Fifty-sixth Legislature - Second Regular Session (2024)
Bill Summary
An Act amending sections 9-500.42 and 11-269.22, Arizona Revised Statutes; relating to local governments.
AI Summary
This bill amends the Arizona Revised Statutes to prohibit cities, towns, and counties from imposing taxes or fees on individuals or entities running a node on blockchain technology in a residence. The bill defines "blockchain technology" and "running a node on blockchain technology" and states that the regulation of these activities is a matter of statewide concern, preempting further regulation by local governments. The bill also clarifies that the prohibition on taxation does not apply to certain taxes levied under existing state laws.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (4)
Last Action
House read second time (on 02/21/2024)
Taxonomy
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Space, Science, Technology, and Communications
- ‐ Internet and Computer Issues
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/80577 | 01/17/2024 |
| BillText | https://www.azleg.gov/legtext/56leg/2r/bills/sb1127s.htm | 02/17/2024 |
| Analysis - SENATE FACT SHEET: 01/26/2024 GOV | https://apps.azleg.gov/BillStatus/GetDocumentPdf/512306 | 01/27/2024 |
| BillText | https://www.azleg.gov/legtext/56leg/2r/bills/sb1127p.htm | 01/17/2024 |
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