Arizona 56th Legislature - Second Regular Session Status: To Executive Bipartisan · 8 R · 1 D cosponsors

SB 1340 — public funds; foreign adversaries; divestment

Last action — Vetoed by Governor

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 56th Legislature - Second Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

Vetoed by Governor Katie Hobbs (Democratic) on April 23, 2024.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

24 added · 17 removed

Plain-language change summary

The recent changes to SB 1340 include the addition of a title specifically addressing public funds and foreign adversaries, indicating a focus on how states should handle investments involving foreign entities that might pose risks. Additionally, some unnecessary introductory details were removed to streamline the presentation of the bill. These updates highlight the importance of ensuring that public money is protected from risky foreign investments, which can have implications for state budgets and security.

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House Engrossed Senate Bill public funds;
Senate Engrossed public funds;
"FOREIGN ADVERSARY" MEANS A COUNTRY DETERMINED TO BE A FOREIGN ADVERSARY PURSUANT TO 15 CODE OF FEDERAL REGULATIONS SECTION 7.4.
"FOREIGN ADVERSARY" MEANS ANY OF THE FOLLOWING:
(a) CHINA.
(b) CUBA.
(c) IRAN.
(d) NORTH KOREA.
(e) RUSSIA.
(f) SAUDI ARABIA.
(g) VENEZUELA.
"PUBLICLY MANAGED FUND" MEANS THE STATE TREASURER OR A RETIREMENT PLAN OR SYSTEM ESTABLISHED BY OR PURSUANT TO TITLE 38.
"PUBLICLY MANAGED FUND" MEANS A SHORT-TERM OR LONG-TERM INVESTMENT STRUCTURE THAT IS MANAGED, RUN, CONTROLLED OR OTHERWISE OVERSEEN BY THIS STATE OR A POLITICAL SUBDIVISION OF THIS STATE.
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Action History

  1. Vetoed by Governor

  2. Transmit to Governor

  3. PASSED

  4. PASSED

  5. Transmit to Senate

  6. PASSED

  7. DPA

  8. DP

  9. House Second Reading

  10. DPA

  11. House First Reading.

  12. Transmit to House

  13. PASSED

  14. DP

  15. DP

  16. Senate Second Reading

  17. Senate First Reading

Sponsors

Sponsorship breakdown

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1 sponsors · 10 co-sponsors · 82 not signed on · 39 voted No

Sponsors (1)

Co-sponsors (10)

Not signed on (82)

82 members have not signed on to this bill.

Show all 82 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed

Passed 31 Yea · 28 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 02001
Republican 23000
Unaffiliated 8800
Total 312801
% of votes cast 52%47%0%2%
How each member voted (60)
Member Party Vote
Austin Smith — Yea
Barbara Parker — Yea
Ben Toma — Yea
Charles W Lucking — Nay
Cory McGarr — Yea
David L. Cook — Yea
Deborah Nardozzi — Nay
Jacqueline Parker — Yea
Jennifer Pawlik — Nay
Judy Schwiebert — Nay
Justin Heap — Yea
Keith Seaman — Nay
Laura Terech — Nay
Marcelino Quiñonez — Nay
Melody Hernandez — Nay
Travis W. Grantham — Yea
Alma Hernandez Democrat Nay
Analise Ortiz Democrat Nay
Betty J Villegas Democrat Nay
Cesar Aguilar Democrat Nay
Christopher Mathis Democrat Nay
Consuelo Hernandez Democrat Nay
Elda Luna-Nájera Democrat Nay
Lorena Austin Democrat Nay
Lupe Contreras Democrat Nay
Lydia Hernandez Democrat Nay
Mae Peshlakai Democrat Nay
Mariana Sandoval Democrat Nay
Myron Tsosie Democrat Nay
Nancy Gutierrez Democrat Nay
Oscar De Los Santos Democrat Nay
Patty Contreras Democrat Nay
Quantá Crews Democrat Not Voting
Sarah Liguori Democrat Nay
Seth Blattman Democrat Nay
Stacey Travers Democrat Nay
Stephanie Stahl Hamilton Democrat Nay
Alexander Kolodin Republican Yea
Beverly Pingerelli Republican Yea
David Livingston Republican Yea
David Marshall, Sr. Republican Yea
Gail Griffin Republican Yea
John Gillette Republican Yea
Joseph Chaplik Republican Yea
Julie Willoughby Republican Yea
Justin Wilmeth Republican Yea
Kevin Payne Republican Yea
Laurin Hendrix Republican Yea
Leo Biasiucci Republican Yea
Lupe Diaz Republican Yea
Matt Gress Republican Yea
Michael Carbone Republican Yea
Michele Peña Republican Yea
Neal Carter Republican Yea
Quang H Nguyen Republican Yea
Rachel Keshel Republican Yea
Selina Bliss Republican Yea
Steve Montenegro Republican Yea
Teresa Martinez Republican Yea
Timothy "Tim" Dunn Republican Yea

Official roll call →

Passed

Passed 16 Yea · 12 Nay · 2 Other
Party YeaNayPresentNot Voting
Democrat 0902
Unaffiliated 5300
Republican 11000
Total 161202
% of votes cast 53%40%0%7%
How each member voted (30)
Member Party Vote
Anna Hernandez — Nay
Anthony Kern — Yea
Christine Marsh — Nay
Juan Mendez — Nay
Justine Wadsack — Yea
Ken Bennett — Yea
Sine Kerr — Yea
Sonny Borrelli — Yea
Brian Fernandez Democrat Nay
Catherine Miranda Democrat Nay
Denise “Mitzi” Epstein Democrat Nay
Eva Burch Democrat Not Voting
Eva Diaz Democrat Nay
Flavio Bravo Democrat Nay
Lela Alston Democrat Not Voting
Priya Sundareshan Democrat Nay
Rosanna Gabaldón Democrat Nay
Sally Ann Gonzales Democrat Nay
Theresa Hatathlie Democrat Nay
David C. Farnsworth Republican Yea
David Gowan Republican Yea
Frank Carroll Republican Yea
J.D. Mesnard Republican Yea
Jake Hoffman Republican Yea
Janae Shamp Republican Yea
John Kavanagh Republican Yea
Shawnna Bolick Republican Yea
Thomas "T.J." Shope Republican Yea
Warren Petersen Republican Yea
Wendy Rogers Republican Yea

Official roll call →

Subjects

public-safety finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 1340?
SB 1340 is sponsored by Michele Peña (Republican), Sine Kerr, Kevin Payne (Republican), Consuelo Hernandez (Democrat), Selina Bliss (Republican), Thomas "T.J." Shope (Republican), Janae Shamp (Republican), Warren Petersen (Republican), David Gowan (Republican), Frank Carroll (Republican), and Sonny Borrelli.
What is the current status of SB 1340?
This bill died with 56th Legislature - Second Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 1340?
Track SB 1340 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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