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AZ SCR1003
Concurrent Resolution
Status
Engrossed
2/25/2026
Primary Sponsor
Wendy Rogers
Click for details
AI Summary
- Proposes a constitutional amendment to exempt virtual currency from property taxation in Arizona
- Defines virtual currency as a digital representation of value functioning as a medium of exchange, unit of account, and store of value, excluding representations of US dollars or foreign currency
- Adds virtual currency to the self-executing exemptions in Article IX, Section 2, meaning owners would not need to take affirmative action to receive the exemption
- Requires voter approval at the next general election to amend the Arizona Constitution
Legislative Description
Property tax; exemption; virtual currency
Constitutional Amendments (arizona)
Last Action
House read second time
3/5/2026
Committee Referrals
Rules2/25/2026
Ways and Means2/25/2026
Rules1/12/2026
Finance1/12/2026
Full Bill Text
No bill text available