Arizona legislation · Fifty-seventh Legislature - Second Regular Session (2026)
Arizona SB1292: PSPRS; investments
Status: Chaptered, June 19, 2026
SB1292 - PSPRS; investments
What the bill says
An act Amending section 38-848, Arizona Revised Statutes; relating to the public safety personnel retirement system.
From the chaptered text, June 26, 2026:
AN ACT Amending section 38-848, Arizona Revised Statutes; relating to the public safety personnel retirement system. (TEXT OF BILL BEGINS ON NEXT PAGE) Section 1. Section 38-848, Arizona Revised Statutes, is amended to powers and duties; reporting requirements; independent trust fund; administrator; agents and employees; advisory committee A. The board of trustees shall consist of nine members and shall have the rights, powers and duties that are set forth in this section. The term of office of members shall be five years to expire on the third Monday in January of the appropriate year. The board shall select a chairperson from among its members each calendar year. Members are eligible to receive compensation in an amount of $50 a day, but not to exceed $1,000 in any one fiscal year, and are eligible for reimbursement of expenses pursuant to chapter 4, article 2 of this title. The board consists of the following members appointed as follows: 1. Two members representing law enforcement, one of whom is appointed by the president of the senate and one of whom is appointed by the governor. A statewide association representing law enforcement in this state shall forward nominations to the appointing elected officials, providing at least three nominees for each position. At least one of the members appointed under this paragraph shall be an …
Sponsors
- Mesnard, J.D. (R) · primary sponsor
Latest actions
- : Chapter 168
- : Governor Signed
- : Transmitted to Governor
- : House third reading passed (57 votes)
- : Transmitted to Senate
- : Passed
- : House read second time
- : House read first time
- : Rules: constitutional and in proper form
- : Assigned to Rules
Votes
- THIRD Passed (June 2, 2026): 57 yea, 0 nay, passed
- RULES C&P (March 30, 2026): 8 yea, 0 nay, passed
- WM DP (March 25, 2026): 7 yea, 0 nay, passed
- THIRD Passed (February 26, 2026): 27 yea, 0 nay, passed
- FIN DP (February 2, 2026): 7 yea, 0 nay, passed
Common questions
- What is SB1292?
- SB1292 is a bill in the Arizona Legislature (Fifty-seventh Legislature - Second Regular Session (2026)): PSPRS; investments.
- What does SB1292 do?
- In its own words: An act Amending section 38-848, Arizona Revised Statutes; relating to the public safety personnel retirement system.
- What is the status of SB1292?
- Chaptered as of June 19, 2026. Latest action: Chapter 168 (June 19, 2026).
- Who sponsored SB1292?
- Mesnard, J.D. (R).
- Where is the official record for SB1292?
- On the Arizona Legislature website: https://apps.azleg.gov/BillStatus/BillOverview/84823/?SessionId=130
Source: official Arizona record. Tracked by Delilah, AI for legislation across all 50 states and Congress.