Individual income tax; subtraction; adoption

Also relevant to:Adoptive or foster parent

Where it is in the process

Plain-English Summary

This bill, known as the "Investing in Life Act," amends Arizona's tax code by adding new subtractions from Arizona gross income. It allows taxpayers to subtract the value of virtual currency and non-fungible tokens received through an "airdrop," as well as gas fees related to these transactions. The bill also increases the subtraction limits for adoption costs in future tax years.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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