# Arizona SB 1206: special deposits; banks; requirements; definitions

Arizona SB 1206, special deposits; banks; requirements; definitions, is a Fifty-seventh Legislature - First Regular Session Senate bill sponsored by Shawnna Bolick (Republican); status signed, last action 2025-04-15 (Third Reading: Passed) (as of 2026-10-27).

- Canonical: https://policyrisk.com/state-bill/AZ-SB1206-57th-1st-regular
- As of: 2026-10-27
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Arizona SB 1206
- State: Arizona
- Session: Fifty-seventh Legislature - First Regular Session
- Title: special deposits; banks; requirements; definitions
- Status: signed
- Chamber: Senate
- Introduced: 2025-02-10
- Last action: 2025-04-15, Third Reading: Passed
- Sponsor: Shawnna Bolick (Republican)
- Cosponsors: 0
- Subjects: account agreement, account agreement amendment, amendment, banks, banks and financial institutions - title 6, beneficiary, choice of law, civil remedies, construction, creditor process, definitions, depositor, discharge, discharge of obligation, duties and liability, duty to beneficiary, enforceability, excuse of liability, forum, injunction, material fraud, payment, payment to beneficiary, permissible purpose, permissible purpose duties, permissible purpose objectives, principles of law and equity, property interest, property interests, recoupment, recoupment or setoff, requirements, requirements for special deposits, scope, setoff, severability, short title (h), similar relief, special account, special deposit, special deposit termination, special deposits, strike everything amendment, term, termination, transitional provision, uniform special deposits act, uniformity of application, variation by agreement, when creditor process enforceable against bank
- Touches household money: no
- Roll calls: 5 (103 yes, 2 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Shawnna Bolick (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-15 | Senate | THIRD: Passed | pass | 52 | 0 |   |
| 2025-04-01 | Senate | C&P | pass | 7 | 0 |   |
| 2025-03-11 | Senate | DP | pass | 8 | 2 |   |
| 2025-02-26 | Senate | THIRD: Passed | pass | 29 | 0 |   |
| 2025-02-10 | Senate | DPA/SE | pass | 7 | 0 |   |

## Actions (8)

- 2025-04-15: Third Reading: Passed (Senate)
- 2025-04-09: Committee of the Whole: do pass (Senate)
- 2025-04-01: undefined: C&P (Senate)
- 2025-03-11: undefined: DP (Senate)
- 2025-02-26: Third Reading: Passed (Senate)
- 2025-02-25: Committee of the Whole: do pass amended (Senate)
- 2025-02-17: undefined: PFC (Senate)
- 2025-02-10: undefined: DPA/SE (Senate)

## Bill text

- Chaptered Version: [HTML](https://www.azleg.gov/legtext/57leg/1R/laws/0063.htm), [PDF](https://apps.azleg.gov/BillStatus/GetDocumentPdf/529679)
- Introduced Version: [HTML](https://www.azleg.gov/legtext/57leg/1R/bills/SB1206P.htm), [PDF](https://apps.azleg.gov/BillStatus/GetDocumentPdf/521653)
- Senate Engrossed Version: [HTML](https://www.azleg.gov/legtext/57leg/1R/bills/SB1206S.htm), [PDF](https://apps.azleg.gov/BillStatus/GetDocumentPdf/525920)

## Related bills

- SB 1537: transitional housing; reentry programs; licensure (signed)
- SB 1496: tax credit; qualifying charitable organizations (signed)
- HB 2036: ASRS; temporary personnel service (signed)
- SB 1742: 2025-2026; higher education (signed)
- HB 2034: ASRS; supplemental employee deferral plan (signed)
- SB 1735: 2025-2026; general appropriations act (signed)

## Sources
- [Chaptered Version (HTML)](https://www.azleg.gov/legtext/57leg/1R/laws/0063.htm)
- [Chaptered Version (PDF)](https://apps.azleg.gov/BillStatus/GetDocumentPdf/529679)
- [Introduced Version (HTML)](https://www.azleg.gov/legtext/57leg/1R/bills/SB1206P.htm)
- [Introduced Version (PDF)](https://apps.azleg.gov/BillStatus/GetDocumentPdf/521653)
- [Senate Engrossed Version (HTML)](https://www.azleg.gov/legtext/57leg/1R/bills/SB1206S.htm)
- [Senate Engrossed Version (PDF)](https://apps.azleg.gov/BillStatus/GetDocumentPdf/525920)

## Related
- [SB 1537: transitional housing; reentry programs; licensure](https://policyrisk.com/state-bill/AZ-SB1537-57th-1st-regular)
- [SB 1496: tax credit; qualifying charitable organizations](https://policyrisk.com/state-bill/AZ-SB1496-57th-1st-regular)
- [HB 2036: ASRS; temporary personnel service](https://policyrisk.com/state-bill/AZ-HB2036-57th-1st-regular)
- [SB 1742: 2025-2026; higher education](https://policyrisk.com/state-bill/AZ-SB1742-57th-1st-regular)
- [HB 2034: ASRS; supplemental employee deferral plan](https://policyrisk.com/state-bill/AZ-HB2034-57th-1st-regular)
- [SB 1735: 2025-2026; general appropriations act](https://policyrisk.com/state-bill/AZ-SB1735-57th-1st-regular)
- [Arizona bills](https://policyrisk.com/states/arizona/bills)
- [Arizona state hub](https://policyrisk.com/states/arizona)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/AZ-SB1206-57th-1st-regular (as of 2026-10-27).