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AZ HB4054

AZ HB4054
Veterans' reinvestment fund; appropriation


summary

Introduced
02/16/2026
In Committee
Crossed Over
Passed
Dead

Introduced Session

Fifty-seventh Legislature - Second Regular Session (2026)

Bill Summary

AN ACT Amending title 41, chapter 1, article 4, Arizona Revised Statutes, by adding section 41-181; Appropriating monies; relating to the state treasurer.

AI Summary

This bill establishes a "Veterans' reinvestment fund" to be administered by the state treasurer in consultation with the director of the department of veterans' services, with monies in the fund being invested and any earnings credited back to it, and importantly, these funds will not lapse at the end of a fiscal year, meaning they can be carried over. The bill appropriates $51,800,000 and thirty-one full-time equivalent (FTE) positions from the state general fund for fiscal year 2026-2027 to this new fund. Fifty percent of the monies in the fund each year will be distributed to the department of veterans' services to support programs that offer veterans in Arizona assistance with education and training, jobs and economic opportunities, health and wellness services, mental health and substance abuse services, and housing.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (2)

Last Action

House read second time (on 02/17/2026)

bill text


bill summary

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