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AZ SB1044
Bill
Status
Engrossed
2/25/2026
Primary Sponsor
Wendy Rogers
Click for details
AI Summary
- Virtual currency would be exempt from property taxation in Arizona under a new section added to state statutes (42-11134)
- Virtual currency is defined as a digital representation of value functioning as a medium of exchange, unit of account, and store of value, excluding representations of the U.S. dollar or foreign currencies
- The bill's enactment is conditional on voters approving a constitutional amendment through Senate Concurrent Resolution 1003 at the next general election
- The legislation is part of the 57th Legislature's Second Regular Session in 2026
Legislative Description
Property tax; exemption; virtual currency
Property Tax
Last Action
House read second time
3/3/2026
Committee Referrals
Rules2/25/2026
Ways and Means2/25/2026
Rules1/12/2026
Finance1/12/2026
Full Bill Text
No bill text available