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AZ HCR2032

Concurrent Resolution

Status

Introduced

2/7/2023

Primary Sponsor

John Gillette

Click for details

Origin

House of Representatives

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • 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.

  • Requires all electronic money transmissions to include the sender's name, receiver's name, destination country, and transaction amount.

  • Prohibits transmission of more than $5,000 within any 24-hour period.

  • 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.

  • 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

Committee Referrals

Rules2/7/2023
Ways and Means2/7/2023

Full Bill Text

No bill text available