There were hundreds of bills signed into Arizona law in 2022. Here are a few that will take effect on New Year's Day.
Cryptocurrency and non-fungible tokens (NFTs)Historic tax cut
A flat tax affecting Arizonans will start on Jan. 1. Gov. Doug Ducey signed the tax reform package in July 2021 and, then in September, ordered it be implemented ahead of schedule in 2023. It eliminates the state's income tax scale and implements a flat tax of 2.5%, making it the lowest flat tax in the country. Supporters say it'll help all taxpayers, but opponents say it benefits the wealthiest Arizonans primarily.
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