Arizona Senate restores Bitcoin reserve costs after reconsideration vote

INSUBCONTINENT EXCLUSIVE:
Bill 2324 was initially voted down in the House during its third reading on May 7, but is now headed back to the chamber for reconsideration
manage forfeited digital assets
Republican-backed bill went almost entirely along party lines, with Republican Jake Hoffman the sole member of his party to vote against the
with the Attorney General, 25% to the state general fund and 25% to the new digital assets reserve fund, the bill states.The bill, sponsored
been granted immunity or have abandoned the property, provided the state can prove that no known owner exists, that diligent efforts were
made to identify one and that no one has claimed legal ownership.Arizona Governor has signed a Bitcoin billGovernor Hobbs signed HB 2749
desk was Senate Bill 1025, which proposed the creation of the Arizona Strategic Bitcoin Reserve Act (2025) and would have allowed the state
treasurer to invest up to 10% in Bitcoin and potentially other crypto assets.Related: Ukraine strategic Bitcoin reserve bill reportedly in
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