Bill > HB2140

This bill establishes the Arizona Bullion Depository, allowing state entities, counties, municipalities, and other governmental bodies to store bullion, which is precious metal in bulk form, at this facility. Specifically, the State Treasurer is authorized to deposit up to ten percent of state monies into the depository in the form of bullion, and this bullion will be considered part of the state's financial reserves. The bill also mandates that the relevant department will create rules to put these provisions into effect.

Budget and Finance, Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/83786