public safety parity fund

Summary

The bill rewrites Arizona’s rules for handling seized property, especially digital assets like cryptocurrencies. When digital assets are sold, the first $300,000 goes to the existing anti‑racketeering revolving fund and any amount above that is divided equally between that fund and a new public safety parity fund. The changes affect law‑enforcement agencies, the state attorney’s office, and any entity that receives forfeited property.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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