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AZ HB2342

Bill

Status

Passed

4/18/2025

Primary Sponsor

Teresa Martinez

Click for details

Origin

House of Representatives

Fifty-seventh Legislature - First Regular Session (2025)

AI Summary

  • Amends Arizona Revised Statutes sections 9-500.42 and 11-269.22 to prohibit cities, towns, and counties from restricting individuals from lawfully accessing or using computational power or running blockchain nodes in residences.

  • Declares that regulation of lawfully accessing or using computational power or running blockchain nodes in residences is a matter of statewide concern, preempting local regulation by cities, towns, and counties.

  • Defines "computational power" as the use of computer hardware and software to process data, run algorithms, or perform tasks requiring significant computing resources, including artificial intelligence, blockchain, scientific research, and cloud computing.

  • Defines "running a node on blockchain technology" as providing computing power to validate or encrypt transactions in blockchain technology as defined in Arizona Revised Statutes section 44-7061.

  • Approved by the Governor on April 18, 2025 and filed with the Secretary of State on April 21, 2025.

Legislative Description

Blockchain technology; regulation; computational power

Regulation

Last Action

Chapter 81

4/18/2025

Committee Referrals

Rules3/10/2025
Regulatory Affairs and Government Efficiency3/3/2025
Rules1/21/2025
Commerce1/21/2025

Full Bill Text

No bill text available