Arizona 57th Legislature - First Regular Session Status: Passed Senate 3 R cosponsors

SB 1093 — government investments; products; fiduciaries; plans

Last action — House Second Reading

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

This bill died with 57th Legislature - First Regular Session. It reached “Passed Senate” 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.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment.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

6 added · 7 removed

Plain-language change summary

The latest version of SB 1093 adds more specific language regarding government investments and the responsibilities of fiduciaries, while removing a broader phrase about using taxpayer funds. This change clarifies that taxpayer money should be handled with care and outlines specific guidelines for how it can be invested. It matters because it aims to protect taxpayer interests by ensuring that investments are made responsibly and with a clear purpose, rather than allowing for any unrestricted use of those funds.

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REFERENCE TITLE:
Senate Engrossed government investments;
government investments;
plans State of Arizona Senate Fifty-seventh Legislature First Regular Session SB 1093 Introduced by Senator Hoffman:
plans State of Arizona Senate Fifty-seventh Legislature First Regular Session SENATE BILL 1093 AN ACT AMENDING TITLE 35, CHAPTER 2, ARTICLE 2, ARIZONA REVISED STATUTES, BY ADDING SECTION 35-320;
Representatives Hendrix, Keshel AN ACT AMENDING TITLE 35, CHAPTER 2, ARTICLE 2, ARIZONA REVISED STATUTES, BY ADDING SECTION 35-320;
(TEXT OF BILL BEGINS ON NEXT PAGE) - i - SB 1093 Be it enacted by the Legislature of the State of Arizona:
(TEXT OF BILL BEGINS ON NEXT PAGE) - i - S.B.
1093 Be it enacted by the Legislature of the State of Arizona:
"PLAN" MEANS ANY PLAN, FUND OR PROGRAM THAT IS ESTABLISHED OR MAINTAINED BY THIS STATE OR A POLITICAL SUBDIVISION OF THIS STATE, INCLUDING A UNIVERSITY UNDER THE JURISDICTION OF THE ARIZONA BOARD OF - 1 - SB 1093 REGENTS AND A COMMUNITY COLLEGE DISTRICT AS DEFINED IN SECTION 15-1401, TO DO ANY OF THE FOLLOWING:
"PLAN" MEANS ANY PLAN, FUND OR PROGRAM THAT IS ESTABLISHED OR MAINTAINED BY THIS STATE OR A POLITICAL SUBDIVISION OF THIS STATE, INCLUDING A UNIVERSITY UNDER THE JURISDICTION OF THE ARIZONA BOARD OF - 1 - S.B.
1093 REGENTS AND A COMMUNITY COLLEGE DISTRICT AS DEFINED IN SECTION 15-1401, TO DO ANY OF THE FOLLOWING:
(C) INVEST TAXPAYER MONIES FOR ANY PURPOSE.
(c) INVEST TAXPAYER MONIES FOR ANY PURPOSE.
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Action History

  1. House Second Reading

  2. House First Reading.

  3. Transmit to House

  4. PASSED

  5. DP

  6. DP

  7. Senate Second Reading

  8. Senate First Reading

Sponsors

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 90 not signed on · 12 voted No

Sponsors (1)

Co-sponsors (2)

Not signed on (90)

90 members have not signed on to this bill.

Show all 90 →

"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 17 Yea · 12 Nay · 1 Other
Party YeaNayPresentNot Voting
Democrat 01201
Republican 17000
Total 171201
% of votes cast 57%40%0%3%
How each member voted (30)
Member Party Vote
Analise Ortiz Democrat Nay
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
Lauren Kuby Democrat Nay
Lela Alston Democrat Nay
Priya Sundareshan Democrat Nay
Rosanna Gabaldón Democrat Nay
Sally Ann Gonzales Democrat Nay
Theresa Hatathlie Democrat Nay
Carine Werner Republican Yea
David C. Farnsworth Republican Yea
David Gowan Republican Yea
Frank Carroll Republican Yea
Hildy Angius Republican Yea
J.D. Mesnard Republican Yea
Jake Hoffman Republican Yea
Janae Shamp Republican Yea
John Kavanagh Republican Yea
Kevin Payne Republican Yea
Mark Finchem Republican Yea
Shawnna Bolick Republican Yea
Thomas "T.J." Shope Republican Yea
Timothy "Tim" Dunn Republican Yea
Venden "Vince" Leach Republican Yea
Warren Petersen Republican Yea
Wendy Rogers Republican Yea

Official roll call →

Subjects

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 1093?
SB 1093 is sponsored by Rachel Keshel (Republican), Laurin Hendrix (Republican), and Jake Hoffman (Republican).
What is the current status of SB 1093?
This bill died with 57th Legislature - First Regular Session. It reached “Passed Senate” 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 1093?
Track SB 1093 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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