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AZ HB2602
Bill
Status
4/12/2018
Primary Sponsor
Jeff Weninger
Click for details
AI Summary
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Prohibits cities and towns from restricting individuals from running blockchain nodes in residences, designating this regulation as a matter of statewide concern.
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Prohibits counties from restricting individuals from running blockchain nodes in residences, also designating this regulation as a matter of statewide concern.
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Defines "running a node on blockchain technology" as providing computing power to validate or encrypt transactions in blockchain technology as defined in Arizona Revised Statutes section 44-7061.
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Applies restrictions to both municipal (cities/towns) and county governments, preempting any local ordinances or regulations that would prohibit or restrict blockchain node operations in residential settings.
Legislative Description
Running nodes; blockchain; regulation prohibition
Municipalities
Last Action
Chapter 208
4/12/2018