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AZ SB1043
Bill
Status
Engrossed
2/25/2026
Primary Sponsor
Wendy Rogers
Click for details
AI Summary
- State agencies may enter agreements with virtual currency service providers to accept cryptocurrency as payment for taxes, fees, fines, penalties, rent, and other financial obligations owed to the state
- Virtual currency is defined to include Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, and stablecoins (as defined by the federal GENIUS Act of 2025), but excludes government-issued legal tender
- Agreements must specify terms for accepting or declining virtual currency payments and whether the state receives payment in cryptocurrency or U.S. dollars
- Service fees for cryptocurrency transactions may be paid by the state agency or passed on to the person making the payment
- Effective date is December 31, 2026
Legislative Description
State agencies; payments; cryptocurrency
Definitions
Last Action
House read second time
3/16/2026
Committee Referrals
Rules2/25/2026
Ways and Means2/25/2026
Rules1/12/2026
Finance1/12/2026
Full Bill Text
No bill text available