Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona SCR1033: state retirement systems; digital assets
Status: In committee, March 2, 2026
SCR1033 - state retirement systems; digital assets
What the bill says
A concurrent resolution supporting the potential use of digital assets by the Arizona state retirement system and the public safety personnel retirement system.
From the engrossed text, February 25, 2026:
A CONCURRENT RESOLUTION supporting the potential use of digital assets by the Arizona state retirement system and the public safety personnel retirement system. (TEXT OF BILL BEGINS ON NEXT PAGE) Whereas, the landscape of financial investments is rapidly evolving with the advent of digital assets like Bitcoin, which has a market cap of approximately one trillion dollars; and Whereas, digital assets such as Bitcoin gained significant interest in the realm of exchange traded funds (ETFs); and Whereas, there are large retirement funds that have dedicated significant seed funding for a proposed spot Bitcoin ETF, signaling growing institutional interest in such investment vehicles; and Whereas, the global assets under management for firms that have filed for a Bitcoin ETF are over 16 trillion dollars; and Whereas, the United States Securities and Exchange Commission has approved 11 spot Bitcoin ETFs as of January 10, 2024 and the Bitcoin ETFs began trading on January 11, 2024; and Whereas, pension funds traditionally have exposure to a diverse number of sectors of the economy, including commodities such as gold and silver, which are traditionally invested in via ETFs; and Whereas, the federal government holds approximately 200,000 Bitcoin; and Whereas, Arizona's state retirement systems have an obligation to meet the best interests of their members; and Whereas, the role of Bitcoin and other digital assets in …
Sponsors
- Jake Hoffman (R, SD-015) · primary sponsor
Latest actions
- : House read second time
- : House read first time
- : Assigned to Rules
- : Ways & Means: do pass
- : Assigned to Ways & Means
- : Senate third reading passed (16 votes)
- : Passed
- : do pass
- : Rules: proper for consideration
- : Assigned to Rules
Votes
- WM DP (March 25, 2026): 5 yea, 3 nay, passed
- THIRD Passed (February 25, 2026): 16 yea, 11 nay, passed
- GOV DP (February 4, 2026): 4 yea, 3 nay, passed
Common questions
- What is SCR1033?
- SCR1033 is a bill in the Arizona Legislature (Fifty-seventh Legislature - Second Regular Session (2026)): state retirement systems; digital assets.
- What does SCR1033 do?
- In its own words: A concurrent resolution supporting the potential use of digital assets by the Arizona state retirement system and the public safety personnel retirement system.
- What is the status of SCR1033?
- In committee as of March 2, 2026. Latest action: House read second time (March 3, 2026).
- Who sponsored SCR1033?
- Jake Hoffman (R, SD-015).
- Where is the official record for SCR1033?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/85013/?SessionId=130
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.