Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona SB1432: central bank digital currency; ban
Status: In committee, March 11, 2026
SB1432 - central bank digital currency; ban
What the bill says
An act amending title 1, Arizona Revised Statutes, by adding chapter 9; amending sections 6-843, 6-851, 9-1443, 11-1943, 43-1021, 43-1022, 43-1121, 43-1122 and 47-1201, Arizona Revised Statutes; relating to currency.
From the engrossed text, February 25, 2026:
AN ACT amending title 1, Arizona Revised Statutes, by adding chapter 9; amending sections 6-843, 6-851, 9-1443, 11-1943, 43-1021, 43-1022, 43-1121, 43-1122 and 47-1201, Arizona Revised Statutes; relating to currency. (TEXT OF BILL BEGINS ON NEXT PAGE) Be it enacted by the Legislature of the State of Arizona: Section 1. Title 1, Arizona Revised Statutes, is amended by adding chapter 9, to read: CHAPTER LEGAL TENDER ARTICLE 1. GENERAL PROVISIONS START_STATUTE1-901. Definitions In this chapter, unless the context otherwise requires: 1. "Legal tender" means any medium of exchange, including specie, that is authorized by the united states constitution or congress for the payment of debts, public charges, taxes and dues, except for federally recognized central bank digital currency. 2. "Specie" means coins that have precious metal content. END_STATUTE START_STATUTE1-902. Central bank digital currency; prohibition; applicability A. Federally recognized central bank digital currency may not be used as legal tender or be the subject or medium of payment of any contract, security or other similar instrument in this state. B. Notwithstanding title 47, this section applies to all contracts, securities and other similar instruments, including contracts relating to commercial transactions. END_STATUTE Sec. 2. Section 6-843, Arizona Revised Statutes, is amended to applicability A. Except as provided by subsection B of this section, an escrow agent may only disburse money out of …
Sponsors
- Jake Hoffman (R, SD-015) · primary sponsor
Latest actions
- : House read second time
- : House read first time
- : Rules: constitutional and in proper form
- : Assigned to Rules
- : Commerce: do pass
- : Assigned to Commerce
- : Passed
- : Senate third reading passed (16 votes)
- : do pass
- : Senate read second time
Votes
- RULES C&P (March 30, 2026): 8 yea, 0 nay, passed
- COM DP (March 24, 2026): 6 yea, 3 nay, passed
- THIRD Passed (February 25, 2026): 16 yea, 11 nay, passed
- RULES PFC (February 9, 2026): 5 yea, 4 nay, passed
- GOV DP (February 4, 2026): 4 yea, 3 nay, passed
Common questions
- What is SB1432?
- SB1432 is a bill in the Arizona Legislature (Fifty-seventh Legislature - Second Regular Session (2026)): central bank digital currency; ban.
- What does SB1432 do?
- In its own words: An act amending title 1, Arizona Revised Statutes, by adding chapter 9; amending sections 6-843, 6-851, 9-1443, 11-1943, 43-1021, 43-1022, 43-1121, 43-1122 and 47-1201, Arizona Revised Statutes; relating to currency.
- What is the status of SB1432?
- In committee as of March 11, 2026. Latest action: House read second time (March 16, 2026).
- Who sponsored SB1432?
- Jake Hoffman (R, SD-015).
- Where is the official record for SB1432?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/85014/?SessionId=130
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.