Arizona lawmakers are moving to exempt crypto from property taxes, advancing a pair of measures that could lock in statewide tax relief for digital assets, pending voter approval in November.
Senator Wendy Rogers (R-Flagstaff) introduced the bills last month, with the measures now headed to the Senate Rules Committee.
If enacted, S.C.R. 1003 would place a constitutional amendment before Arizona voters in November, asking whether to define digital currency and prohibit ad valorem taxation of such assets.
Rogers sponsored similar property tax exemption legislation last year that passed the Senate but did not advance in the state House.
Arizona and cryptoArizona’s crypto policy has advanced in the legislature but has repeatedly run into resistance from the Governor’s office.
Governor Katie Hobbs vetoed four Bitcoin-related bills during the 2025 legislative session.
Additionally, Hobbs vetoed Senate Bill 1024, which would have allowed Arizona agencies to accept crypto payments for fines, taxes, and fees, saying it "still leaves the door open for too much risk."
The only other crypto measure Hobbs signed was House Bill 2387, which imposed strict fraud prevention, transaction caps, and compliance rules on crypto ATM operators.
