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AZ HCR2032
Concurrent Resolution
Status
2/7/2023
Primary Sponsor
John Gillette
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AI Summary
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Proposes a 30% tax on wire transfers of money facilitated by persons not lawfully present in the United States and transmitted outside the U.S., with revenue split equally between the Department of Public Safety and Department of Emergency and Military Affairs.
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Requires all electronic money transmissions to include the sender's name, receiver's name, destination country, and transaction amount.
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Prohibits transmission of more than $5,000 within any 24-hour period.
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Prohibits electronic money transmissions to individuals associated with criminal drug or border activities as identified by the Department of Public Safety or local law enforcement.
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Requires voter approval through a general election ballot measure as authorized by the Arizona Constitution.
Legislative Description
International money transfer; requirements; tax
Requirements
Last Action
House read second time
2/8/2023