summary
Introduced
02/16/2026
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/85572 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/hb4054p.htm |
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