summary
Introduced
01/27/2026
01/27/2026
In Committee
02/09/2026
02/09/2026
Crossed Over
02/25/2026
02/25/2026
Passed
Dead
Introduced Session
Fifty-seventh Legislature - Second Regular Session (2026)
Bill Summary
AN ACT amending title 1, Arizona Revised Statutes, by adding chapter 9; amending sections 6-843, 6-851, 9-1443, 11-1943, 43-1021, 43-1022, 43-1121, 43-1122 and 47-1201, Arizona Revised Statutes; relating to currency.
AI Summary
This bill amends Arizona law to prohibit the use of a federally recognized central bank digital currency (CBDC) as legal tender within the state, defining legal tender as any authorized medium of exchange except for CBDCs. It explicitly states that CBDCs cannot be used for payments in any contract, security, or similar instrument in Arizona, overriding existing commercial transaction laws. The bill also makes several conforming changes to existing statutes, including updating definitions of "legal tender" and "money" to exclude CBDCs and ensuring that certain financial transactions, like those involving escrow agents or video service provider license fees, cannot be settled or backed by CBDCs.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Transmit to House (on 02/25/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/85014 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1432s.htm |
| Analysis - SENATE FACT SHEET: 02/02/2026 GOV | https://apps.azleg.gov/BillStatus/GetDocumentPdf/535852 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1432p.htm |
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