SB 1045
blockchain technology; tax; fee; prohibition
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill prevents Arizona cities and counties from restricting or taxing individuals who use their homes to run nodes for blockchain technology. It establishes that regulating this activity and imposing related fees is a statewide issue, not a local one. The bill clarifies definitions related to blockchain technology and computational power. It ensures that residents can participate in blockchain activities without local government interference or financial burden.
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