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AZ HB2602

Bill

Status

Passed

4/12/2018

Primary Sponsor

Jeff Weninger

Click for details

Origin

House of Representatives

Fifty-third Legislature - Second Regular Session (2018)

AI Summary

  • Prohibits cities and towns from restricting individuals from running blockchain nodes in residences, designating this regulation as a matter of statewide concern.

  • Prohibits counties from restricting individuals from running blockchain nodes in residences, also designating this regulation as a matter of statewide concern.

  • 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.

  • 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

Full Bill Text

No bill text available