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AZ SCR1014
Concurrent Resolution
Status
Introduced
1/11/2022
Primary Sponsor
Wendy Rogers
Click for details
AI Summary
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Proposes constitutional amendment to Article IX, Section 2 adding virtual currency to property tax exemptions in Arizona.
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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.
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Virtual currency would be fully exempt from state property taxation if amendment is approved by voters.
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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