This bill proposes the establishment of the Arizona Cryptocurrency and Blockchain Commission, which will be tasked with advising on cryptocurrency and blockchain-related matters, developing strategies for blockchain innovation, and promoting literacy and workforce development in these areas. The commission will consist of various appointed members, including representatives from the Arizona House and Senate, specialists in blockchain and cryptocurrency, and directors from relevant state departments. The commission will also appoint a "crypto czar" to coordinate state initiatives and serve as a liaison with federal efforts.

Additionally, the bill includes provisions for the commission to create subcommittees, collaborate with national and international experts, and prepare annual reports detailing its activities and legislative recommendations. The commission is set to terminate on July 1, 2028, with the relevant statutes repealed on January 1, 2029. The act is classified as an emergency measure, allowing it to take effect immediately upon passage.

Statutes affected:
House Engrossed Version: 41-3028.16