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AZ SB1493

Bill

Official Source

Status

Introduced

1/27/2022

Primary Sponsor

Wendy Rogers

Click for details

Origin

Senate

Fifty-fifth Legislature - Second Regular Session (2022)

AI Summary

  • Beginning January 1, 2023, the state of Arizona and its political subdivisions may pay employee salaries in virtual currency if employees request it.

  • Political subdivisions are defined as cities, towns, counties, and school districts.

  • Virtual currency is defined as a digital representation of value (other than US dollars or foreign currency) that functions as a unit of account, store of value, or medium of exchange.

Legislative Description

Public employees; salaries; virtual currency

Public Employees

Last Action

Senate read second time

1/31/2022

Committee Referrals

Rules1/27/2022
Finance1/27/2022

Full Bill Text

No bill text available