State Treasurer Bullion Investment Authorization
Summary
Arizona legislature passed HB2140 authorizing the state treasurer to invest state monies in bullion and establishing bullion depository financial institutions under Title 6. The bill cleared the Senate Committee of the Whole on April 9, 2026 after House passage on March 10. This creates new compliance requirements for state agencies managing public funds and establishes a framework for bullion depository operations in Arizona.
What changed
Arizona HB2140 enacts provisions authorizing the state treasurer to invest state monies in bullion and establishing bullion depository financial institutions under Title 6 of Arizona Revised Statutes. The bill passed the House on March 10, 2026 and received Senate Committee of the Whole approval with amendments on April 9, 2026.
Affected parties include state agencies managing public funds, financial institutions seeking to operate as bullion depositories, and investment advisors working with state treasury. These entities must now account for new investment authority and potential regulatory requirements for bullion depository operations in future compliance planning and policy updates.
What to do next
- Review state treasury investment policies for bullion authorization compliance
- Update internal controls for precious metals investment procedures
- Monitor for Arizona Treasurer implementation guidance
Archived snapshot
Apr 10, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Arizona / HB2140 Passed HB2140 House Bill Passed 2026-03-10
Treasurer; investment; bullion
Bill Details
State Arizona
Session Fifty-seventh Legislature - Second Regular Session (2026)
Chamber House
Official Source apps.azleg.gov/BillStatus/BillOverview/83786
LegiScan View on LegiScan
Sponsors
Lisa Fink (Rep - R)
Action History
2026-04-09 S Senate Committee of the Whole action: Do Pass Amended 2026-03-30 S Senate minority caucus: Do pass 2026-03-30 S Senate majority caucus: Do pass 2026-03-30 S Senate RULES Committee action: Proper For Consideration, voting: (0-0-0-0) 2026-03-23 S Senate FIN Committee action: do pass amended/strike-everything, voting: (4-2-1-0) 2026-03-17 S Senate read second time 2026-03-16 S Assigned to Senate RULES Committee 2026-03-16 S Assigned to Senate FIN Committee 2026-03-16 S Introduced in Senate and read first time 2026-03-10 S Transmit to Senate 2026-03-10 H House third reading PASSED voting: (31-24-4-0) 2026-03-02 H House additional Committee of the Whole action: Do Pass Amended 2026-03-02 H House miscellaneous motion: Motion by Representative Carbone that pursuant to House Rule 12(P), HB2140 be calendared immediately for an Additional Committee of the Whole for the purpose of further amending. Motion Passed by vv. 2026-02-25 H House Committee of the Whole action: Do Pass 2026-02-10 H House minority caucus: Do pass 2026-02-10 H House majority caucus: Do pass 2026-02-09 H House consent calendar 2026-02-09 H House RULES Committee action: constitutional and in proper form, voting: (7-0-0-1-0-0) 2026-02-03 H House RO Committee action: Do Pass, voting: (4-0-1-0-0-0) 2026-01-13 H House read second time 2026-01-12 H Assigned to House RULES Committee 2026-01-12 H Assigned to House RO Committee 2026-01-12 H Introduced in House and read first time 2026-01-06 H Prefile
Votes
2026-02-03 House Regulatory Oversight Committee Action (DP) Yea: 4 Nay: 0 2026-02-09 House Rules Committee Action (C&P) Yea: 7 Nay: 0 2026-02-25 House - Committee of the Whole (DP) Yea: 0 Nay: 0 2026-03-02 Motion Motion by Representative Carbone that pursuant to House Rule 12(P), HB2140 be calendared for an Additional Committee of the Whole for purposes of further amending. Motion passed by vv. Yea: 0 Nay: 0 2026-03-02 House - Committee of the Whole (DPA) Yea: 0 Nay: 0 2026-03-02 Motion Motion by Representative Carbone that pursuant to House Rule 12(P), HB2140 be calendared immediately for an Additional Committee of the Whole for the purpose of further amending. Motion Passed by vv. Yea: 0 Nay: 0 2026-03-10 House - Third Reading Yea: 31 Nay: 24 2026-03-23 Senate Finance Committee Action (DPA/SE) Yea: 4 Nay: 2 2026-03-30 Senate Rules Committee Action (PFC) Yea: 0 Nay: 0 2026-04-09 Senate - Committee of the Whole (DPA) Yea: 0 Nay: 0
Committee Referrals
2026-01-12 H Regulatory Oversight 2026-01-12 H Rules 2026-03-10 S Finance 2026-03-10 S Rules
Amendments
2026-03-02 HOUSE - Floor Amend to Engrossed Bill - FINK - passed Adopted 0000-00-00 House ADD COW 03/02 - Floor Amend to Engrossed Bill - FINK 2026-03-19 SENATE - Finance - Strike Everything 2026-03-25 SENATE - Finance - Strike Everything Adopted
Bill Text Versions
2026-01-06 Introduced 2026-02-26 Engrossed
Subjects
Banks And Financial Institutions - Title 6 Bullion Depository Financial Institutions State Monies Treasurer Legislative data powered by LegiScan (CC BY 4.0)
Named provisions
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