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AZ SB1160
Bill
Status
3/25/2022
Primary Sponsor
Vince Leach
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AI Summary
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Amends Arizona Revised Statutes § 41-179 to modify the AZ529 advisory committee composition and duties.
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State Treasurer appoints the advisory committee to promote awareness of Arizona's education savings plan (AZ529), with emphasis on reaching economically disadvantaged, minority, and underrepresented student populations.
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Committee membership includes: State Treasurer (chair), two community college representatives, one university regent representative, one accredited private institution representative, one private vocational training representative, one private K-12 school representative, one classroom teacher, one federally recognized Indian tribe representative, one apprenticeship program representative, and three public members (at least one from a 501(c)(3) nonprofit organization based in Arizona).
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Committee must meet at least quarterly and provide recommendations to the State Treasurer regarding promotional and informational activities for AZ529.
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Committee members receive no compensation or reimbursement of expenses; State Treasurer's office provides staff support.
Legislative Description
AZ529 plan; advisory committee; membership
Advisory Committee
Last Action
Chapter 74
3/25/2022