# Arizona SB 1292: PSPRS; investments

Arizona SB 1292, PSPRS; investments, is a Fifty-seventh Legislature - Second Regular Session Senate bill sponsored by J.D. Mesnard (Republican); status signed, last action 2026-06-19 (Signed by Governor); PRIA reads it as touching household money (as of 2026-11-04).

- Canonical: https://policyrisk.com/state-bill/AZ-SB1292-57th-2nd-regular
- As of: 2026-11-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Arizona SB 1292
- State: Arizona
- Session: Fifty-seventh Legislature - Second Regular Session
- Title: PSPRS; investments
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-26
- Last action: 2026-06-19, Signed by Governor
- Sponsor: J.D. Mesnard (Republican)
- Cosponsors: 0
- Subjects: investments, psprs (see also: public safety personnel retirement system), public officers and employees - title 38, public safety personnel retirement system (psprs), publicly traded corporation
- Touches household money: yes
- Roll calls: 5 (106 yes, 0 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- More stock flexibility for retirement funds: benefit, low. 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 and cosponsors

- Sponsor: J.D. Mesnard (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-06-02 | House | Third Reading: Passed | pass | 57 | 0 |   |
| 2026-03-30 | House | Rules: C&P | pass | 8 | 0 |   |
| 2026-03-25 | House | Ways & Means: DP | pass | 7 | 0 |   |
| 2026-02-26 | Senate | Third Reading: Passed | pass | 27 | 0 |   |
| 2026-02-02 | Senate | Finance: DP | pass | 7 | 0 |   |

## Actions (11)

- 2026-06-19: Signed by Governor (Governor)
- 2026-06-02: Third Reading: Passed (House)
- 2026-03-30: Rules: C&P (House)
- 2026-03-25: Ways & Means: DP (House)
- 2026-03-16: House Second Reading (House)
- 2026-03-11: House First Reading (House)
- 2026-02-26: Third Reading: Passed (Senate)
- 2026-02-09: Rules: PFC (Senate)
- 2026-02-02: Finance: DP (Senate)
- 2026-01-27: Senate Second Reading (Senate)
- 2026-01-26: Senate First Reading (Senate)

## Bill text

- Chaptered Version: [HTML](https://www.azleg.gov/legtext/57leg/2R/laws/0168.htm), [PDF](https://apps.azleg.gov/BillStatus/GetDocumentPdf/544260)
- Introduced Version: [HTML](https://www.azleg.gov/legtext/57leg/2R/bills/SB1292P.htm), [PDF](https://apps.azleg.gov/BillStatus/GetDocumentPdf/534407)
- Senate Engrossed Version (02/26/2026): [HTML](https://www.azleg.gov/legtext/57leg/2R/bills/SB1292S.htm), [PDF](https://apps.azleg.gov/BillStatus/GetDocumentPdf/537154)

## Related bills

- SB 1215: firefighters; occupational disease; cancers (signed)
- SB 1189: campaign spending; personal security (signed)
- SB 1198: Arizona beef council; continuation (signed)
- HB 2780: judicial foreclosure; excess proceeds sale (signed)
- HB 2786: TPT; exemption; textbook rental (signed)
- HB 2477: Arizona's education savings plan; revisions (signed)

## Sources
- [Chaptered Version (HTML)](https://www.azleg.gov/legtext/57leg/2R/laws/0168.htm)
- [Chaptered Version (PDF)](https://apps.azleg.gov/BillStatus/GetDocumentPdf/544260)
- [Introduced Version (HTML)](https://www.azleg.gov/legtext/57leg/2R/bills/SB1292P.htm)
- [Introduced Version (PDF)](https://apps.azleg.gov/BillStatus/GetDocumentPdf/534407)
- [Senate Engrossed Version (02/26/2026) (HTML)](https://www.azleg.gov/legtext/57leg/2R/bills/SB1292S.htm)
- [Senate Engrossed Version (02/26/2026) (PDF)](https://apps.azleg.gov/BillStatus/GetDocumentPdf/537154)

## Related
- [SB 1215: firefighters; occupational disease; cancers](https://policyrisk.com/state-bill/AZ-SB1215-57th-2nd-regular)
- [SB 1189: campaign spending; personal security](https://policyrisk.com/state-bill/AZ-SB1189-57th-2nd-regular)
- [SB 1198: Arizona beef council; continuation](https://policyrisk.com/state-bill/AZ-SB1198-57th-2nd-regular)
- [HB 2780: judicial foreclosure; excess proceeds sale](https://policyrisk.com/state-bill/AZ-HB2780-57th-2nd-regular)
- [HB 2786: TPT; exemption; textbook rental](https://policyrisk.com/state-bill/AZ-HB2786-57th-2nd-regular)
- [HB 2477: Arizona's education savings plan; revisions](https://policyrisk.com/state-bill/AZ-HB2477-57th-2nd-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-SB1292-57th-2nd-regular (as of 2026-11-04).