All Roll Calls
Yes: 106 • No: 0
ArizonaSB 1292Fifty-seventh Legislature - Second Regular SessionSenateWALLET
PSPRS; investments
Sponsored By: J.D. Mesnard (Republican)
Signed by Governor
investmentspsprs (see also: public safety personnel retirement system)public officers and employees - title 38public safety personnel retirement system (psprs)publicly traded corporation
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
More stock flexibility for retirement funds
The law lets the retirement board own more than 5% of the voting stock of a company that is not publicly traded. The 5% limit remains for publicly traded companies. The exception for limited liability company membership interests also remains.
Sponsors & Cosponsors
Sponsor
J.D. Mesnard
Republican • Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
House vote • 6/2/2026
Third Reading: Passed
Yes: 57 • No: 0
House vote • 3/30/2026
Rules: C&P
Yes: 8 • No: 0
House vote • 3/25/2026
Ways & Means: DP
Yes: 7 • No: 0
Senate vote • 2/26/2026
Third Reading: Passed
Yes: 27 • No: 0
Senate vote • 2/2/2026
Finance: DP
Yes: 7 • No: 0
Actions Timeline
Signed by Governor
6/19/2026GovernorThird Reading: Passed
6/2/2026HouseRules: C&P
3/30/2026HouseWays & Means: DP
3/25/2026HouseHouse Second Reading
3/16/2026HouseHouse First Reading
3/11/2026HouseThird Reading: Passed
2/26/2026SenateRules: PFC
2/9/2026SenateFinance: DP
2/2/2026SenateSenate Second Reading
1/27/2026SenateSenate First Reading
1/26/2026Senate
Bill Text
Chaptered Version
Introduced Version
Senate Engrossed Version (02/26/2026)