On February 8, the Arizona State Senate passed the bill. At the time, Rep. Weninger told Fox News that Arizona is going to be the place to be for block chain and digital currency technology in the future.”
In addition, Rep Weiner said. “The ease of use, being able to do it in the middle of the night, being able to do it at home while you’re watching TV, I think in a few years this isn’t even going to be a question.”
In a tweet on Wednesday, Rep. Weninger wrote, “We just passed S1091 from House Ways and Means with my amendment. What could it mean for you? Pay your #AZ income taxes with #cryptocurrency. Forward looking, innovative, and protects against volatility.”
Other states considering cryptocurrencies as tax payments
Lawmakers in other states including Illinois and Georgia are considering similar proposals to accept bitcoin and other cryptocurrencies for tax payments.
In January 2016, the New Hampshire House of Representatives rejected a similar bill. There is a possibility that the legislation in Arizona, Illinois, and Georgia will suffer the same fate.
