Loading chat...

AZ SCR1014

Concurrent Resolution

Status

Introduced

1/11/2022

Primary Sponsor

Wendy Rogers

Click for details

Origin

Senate

Fifty-fifth Legislature - Second Regular Session (2022)

AI Summary

  • Proposes constitutional amendment to Article IX, Section 2 adding virtual currency to property tax exemptions in Arizona.

  • Defines "virtual currency" as a digital representation of value, other than U.S. dollars or foreign currency, that functions as a unit of account, store of value, or medium of exchange.

  • Virtual currency would be fully exempt from state property taxation if amendment is approved by voters.

  • Requires the Secretary of State to submit the proposition to voters at the next general election.

Legislative Description

Property tax exemption; virtual currency

Property Tax Exemptions

Last Action

Senate read second time

1/12/2022

Committee Referrals

Rules1/11/2022
Finance1/11/2022

Full Bill Text

No bill text available