Arizona Introduces Bill To Exempt Bitcoin and Crypto From Property Taxes 

Arizona State Senator Wendy Rogers has introduced a package of legislation aimed at improving the state's tax treatment of digital assets. This includes Senate Bill 1044 (SB 1044) and a proposed constitutional amendment (SCR 1003) to explicitly exempt virtual currency from property taxation, which would require voter approval in the November 2026 general election. Additionally, SB 1045 seeks to prohibit counties, cities, and towns from imposing taxes or fees on entities running blockchain nodes. Arizona is already known for having crypto-specific laws, such as allowing the government to take custody of abandoned digital assets after three years, and these new proposals continue the state's trend of exploring favorable rules for cryptocurrencies.

(Source：Bitcoin Magazine)