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AZ SB1006
Bill
Status
2/22/2024
Primary Sponsor
Jake Hoffman
Click for details
AI Summary
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Amends section 35-323 to add investment restrictions prohibiting public monies from being invested in companies identified under section 35-392.
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Requires the state board of investment to adopt a policy identifying and divesting from U.S. companies that donate to or invest in organizations promoting abortions for minors or sexually explicit material in K-12 schools.
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Requires the state treasurer to divest from companies identified under the new abortion and explicit material policy and notify the governor, legislative leaders, and department of administration of divestments.
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Directs the department of administration to notify identified companies that Arizona and its subdivisions cannot purchase their products or services until they are no longer identified under either divestment policy.
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Defines "sexually explicit material" to include textual, visual, or audio depictions of sexual conduct, sexual excitement, and ultimate sexual acts.
Legislative Description
Divestment; K-12; abortion; explicit material
State Treasurer
Last Action
House read second time
2/27/2024