AZ HB2627

Requires public funds to identify companies with federal contracts to build a wall along the U.S.-Mexico border within 180 days and maintain a monthly updated list of "scrutinized companies."

Prohibits the state from contracting with scrutinized companies for any product or service, though existing contracts remain valid; applies only to new contracts and contract renewals.

Requires public funds to sell, redeem, divest, or withdraw all publicly traded securities from scrutinized companies and prohibits acquiring new securities from these companies.

Defines "public fund" to include the Arizona State Retirement System, Elected Officials' Retirement Plan, Public Safety Personnel Retirement System, and Corrections Officer Retirement Plan.

Defines "scrutinized company" as any company holding a federal contract to construct a wall along the U.S.-Mexico border.