SCR 1033 Arizona Senate · 57th Legislature - Second Regular Session

state retirement systems; digital assets

SCR 1033 is a resolution urging Arizona's state retirement systems to evaluate potential investments in Bitcoin exchange-traded funds (ETFs). It directs the Arizona State Retirement System and Public Safety Personnel Retirement System to monitor Bitcoin ETF developments, consult with SEC-approved firms, and submit a report on risks, benefits, and implementation options to state officials before the next legislative session. The resolution does not authorize investment but requires a formal assessment of digital asset opportunities for these retirement funds, which manage billions in member assets. This applies specifically to Arizona's public retirement systems, not private or federal funds.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Mar 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Jan 27, 2026 Last action Mar 25, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced Version Senate Engrossed Version (02/25/2026) · 2 edits · Feb 25, 2026
MINOR
The bill was converted from a text-only concurrent resolution into a formal Senate bill (SCR 1033) with official state headers and legislative session details. The substantive policy text, including the 'Whereas' clauses and the three specific actions requested of retirement systems, remained unchanged. This change formalizes the document's status within the legislative process without altering the actual policy or requirements.
Scope change
The bill's scope and applicability remain unchanged; the only difference is the formalization of the document format from a draft resolution to an official Senate bill.
TECHNICAL

The document structure was updated to include official state headers, bill numbers, and session dates, converting it from a draft text to a formal Senate bill.

Minor formatting adjustments were made to the 'Whereas' clauses, such as adding line breaks between clauses and standardizing the text layout.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
9
Key actions
4
Committee
2
Mar 25, 2026
Lower · Passed
DP
lower
Feb 25, 2026
Upper · Passed
PASSED
upper
Feb 25, 2026
Upper · Passed
DP
upper
Feb 4, 2026
Upper · Passed
DP
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jake Hoffman
Jake Hoffman
RRepublican
AZ
15