AZ HB2710

Establishes the Bank of Arizona as a state-owned banking system operated by a Bank of Arizona Commission and overseen by a nine-member Advisory Board of Directors appointed by the state treasurer.

Advisory Board members must have specific expertise in areas including community development financial institutions, state-chartered banks, credit unions, small business, public finance, local government, and environmentally conscious financing, and must reflect the state's geographical, racial, and gender diversity.

Bank of Arizona must provide affordable financing to eligible recipients including municipalities, nonprofits, cooperatives, small businesses, farms, and community development organizations, with priority given to underserved communities, women-owned enterprises, rural areas, and climate change mitigation projects.

Prohibits the bank from extending financing to bank commission members, the chief executive officer, advisory board members, or their immediate family members, with restrictions lasting four years after their terms end.

Bank of Arizona Commission and Advisory Board terminate on July 1, 2034, with Title 6, Chapter 18 repealed on January 1, 2035.