AZ SCR1007

Proposes amending Article IX, Section 2 of the Arizona Constitution to add virtual currency as a category of property exempt from taxation.

Defines "virtual currency" as a digital representation of value that functions as a medium of exchange, unit of account, and store of value, excluding representations of U.S. dollars or foreign currencies.

Makes the exemption self-executing, meaning property owners are not required to take affirmative action to receive the tax exemption benefit.

Requires the Arizona Secretary of State to submit this constitutional amendment to voters at the next general election for approval.