Arizona's SB 1045 prohibits cities and counties from banning or taxing individuals who run blockchain technology nodes (home-based computers validating transactions) in their residences. The bill explicitly prevents local governments from imposing restrictions or fees on residential blockchain operations, stating such regulation is a statewide concern. It defines key terms like "computational power" (using hardware/software for tasks like blockchain processing) and "running a node" (validating transactions). The law directly affects residential users of blockchain technology, ensuring they cannot face local barriers or costs for this activity.
SB 1033 amends Arizona's tax code to add new exemptions from local transaction privilege taxes (TPT). It exempts specific services including internet access providers (defined as enabling users to access the internet), nonprofit events tied to major sports teams (with restrictions), machinery maintenance contracts, and leasing between affiliated businesses. The bill directly affects businesses providing these services by removing local TPT liability on qualifying transactions. It does not address residential property exemptions, as suggested in the title, and focuses solely on expanding existing tax exemption categories for commercial activities. The changes are purely procedural within Arizona's tax framework, with no new funding or regulatory impacts.
HB 2010 requires digital sellers to clearly disclose that purchases are licenses (not ownership) using plain language at checkout. Sellers must list all restrictions, explain revocation risks, and obtain buyer acknowledgment before transactions, including providing a hyperlink or QR code to full terms. It exempts subscriptions (e.g., streaming services), free digital goods, permanently downloadable content, blockchain assets (like NFTs), and library materials. Violations may trigger $2,500 fines per incident or buyer lawsuits for damages. This directly affects sellers of digital apps, music, ebooks, and videos marketed as "purchases."