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| 1 | + | REFERENCE TITLE: blockchain technology; tax; fee; prohibition State of Arizona Senate Fifty-sixth Legislature First Regular Session 2023 SB 1236 Introduced by Senator Rogers An Act amending sections 9-500.42 and 11-269.22, Arizona Revised Statutes; relating to local governments. (TEXT OF BILL BEGINS ON NEXT PAGE) | |
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| 9 | + | REFERENCE TITLE: blockchain technology; tax; fee; prohibition | |
| 10 | 10 | State of Arizona Senate Fifty-sixth Legislature First Regular Session 2023 | |
| 11 | - | SENATE BILL 1236 | |
| 11 | + | SB 1236 | |
| 12 | + | Introduced by Senator Rogers | |
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| 13 | - | Senate Engrossed | |
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| 17 | - | blockchain technology; tax; fee; prohibition | |
| 14 | + | REFERENCE TITLE: blockchain technology; tax; fee; prohibition | |
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| 27 | 24 | State of Arizona | |
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| 29 | 26 | Senate | |
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| 31 | 28 | Fifty-sixth Legislature | |
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| 33 | 30 | First Regular Session | |
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| 35 | 32 | 2023 | |
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| 43 | - | SENATE BILL 1236 | |
| 40 | + | SB 1236 | |
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| 44 | + | Introduced by | |
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| 46 | + | Senator Rogers | |
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| 49 | 62 | An Act | |
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| 53 | 66 | amending sections 9-500.42 and 11-269.22, Arizona Revised Statutes; relating to local governments. | |
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| 59 | 72 | (TEXT OF BILL BEGINS ON NEXT PAGE) | |
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| 63 | - | Be it enacted by the Legislature of the State of Arizona: Section 1. Section 9-500.42, Arizona Revised Statutes, is amended to read: START_STATUTE9-500.42. Prohibition on regulation of running node on blockchain technology; taxation; state preemption; definitions A. A city or town may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence. b. a city or town may not impose a tax or fee on any person or entity | |
| 76 | + | Be it enacted by the Legislature of the State of Arizona: Section 1. Section 9-500.42, Arizona Revised Statutes, is amended to read: START_STATUTE9-500.42. Prohibition on regulation of running node on blockchain technology; taxation; state preemption; definitions A. A city or town may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence. b. a city or town may not impose a tax or fee on the use of blockchain technology by any person or entity. B. c. The regulation of the act of running a node on blockchain technology in a residence and the imposition of a tax or fee for using blockchain technology is of statewide concern and not subject to further regulation by a city or town. C. D. For the purposes of this section: , 1. "blockchain technology" has the same meaning prescribed in section 44-7061. 2. "Running a node on blockchain technology" means providing computing power to validate or encrypt transactions in blockchain technology as defined in section 44-7061. END_STATUTE Sec. 2. Section 11-269.22, Arizona Revised Statutes, is amended to read: START_STATUTE11-269.22. Prohibition on regulation of running node on blockchain technology; taxation; state preemption; definitions A. A county may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence. b. a county may not impose a tax or fee on the use of blockchain technology by any person or entity. B. c. The regulation of the act of running a node on blockchain technology in a residence and the imposition of a tax or fee for using blockchain technology is of statewide concern and not subject to further regulation by a county. C. d. For the purposes of this section: , 1. "blockchain technology" has the same meaning prescribed in section 44-7061. 2. "Running a node on blockchain technology" means providing computing power to validate or encrypt transactions in blockchain technology as defined in section 44-7061. END_STATUTE | |
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| 65 | 78 | Be it enacted by the Legislature of the State of Arizona: | |
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| 67 | 80 | Section 1. Section 9-500.42, Arizona Revised Statutes, is amended to read: | |
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| 69 | 82 | START_STATUTE9-500.42. Prohibition on regulation of running node on blockchain technology; taxation; state preemption; definitions | |
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| 71 | 84 | A. A city or town may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence. | |
| 72 | 85 | ||
| 73 | - | b. a city or town may not impose a tax or fee on any person or entity | |
| 86 | + | b. a city or town may not impose a tax or fee on the use of blockchain technology by any person or entity. | |
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| 75 | - | B. c. The regulation of the act of running a node on blockchain technology in a residence and the imposition of a tax or fee | |
| 88 | + | B. c. The regulation of the act of running a node on blockchain technology in a residence and the imposition of a tax or fee for using blockchain technology is of statewide concern and not subject to further regulation by a city or town. | |
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| 77 | 90 | C. D. For the purposes of this section: , | |
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| 79 | 92 | 1. "blockchain technology" has the same meaning prescribed in section 44-7061. | |
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| 81 | 94 | 2. "Running a node on blockchain technology" means providing computing power to validate or encrypt transactions in blockchain technology as defined in section 44-7061. END_STATUTE | |
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| 83 | 96 | Sec. 2. Section 11-269.22, Arizona Revised Statutes, is amended to read: | |
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| 85 | 98 | START_STATUTE11-269.22. Prohibition on regulation of running node on blockchain technology; taxation; state preemption; definitions | |
| 86 | 99 | ||
| 87 | 100 | A. A county may not prohibit or otherwise restrict an individual from running a node on blockchain technology in a residence. | |
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| 89 | - | b. a county may not impose a tax or fee on any person or entity | |
| 102 | + | b. a county may not impose a tax or fee on the use of blockchain technology by any person or entity. | |
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| 91 | - | B. c. The regulation of the act of running a node on blockchain technology in a residence and the imposition of a tax or fee | |
| 104 | + | B. c. The regulation of the act of running a node on blockchain technology in a residence and the imposition of a tax or fee for using blockchain technology is of statewide concern and not subject to further regulation by a county. | |
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| 93 | 106 | C. d. For the purposes of this section: , | |
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| 95 | 108 | 1. "blockchain technology" has the same meaning prescribed in section 44-7061. | |
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| 97 | 110 | 2. "Running a node on blockchain technology" means providing computing power to validate or encrypt transactions in blockchain technology as defined in section 44-7061. END_STATUTE |