---
type: "Bill"
title: "treasurer; investment of trust funds"
description: "treasurer; investment of trust funds"
jurisdiction: "us/states/az"
legislature: "Arizona Legislature"
session: "55th-1st-regular"
identifier: "HB 2028"
citation: "Arizona HB 2028 (55th-1st-regular)"
classification: ["bill"]
subjects: ["INVESTMENT OF TRUST MONIES", "PUBLIC FINANCES - TITLE 35", "TREASURER"]
status: "enacted"
primary_sponsors: ["John Kavanagh"]
version_count: 3
action_count: 13
vote_count: 3
first_action: "2020-12-29"
last_action: "2021-02-12"
source: "openstates"
source_identifier: "ocd-bill/ec5c7566-c29c-4de8-8ee9-dd123eb37347"
source_url: "https://apps.azleg.gov/BillStatus/BillOverview/74313?SessionId=123"
source_hash: "7f25c83b31bfe95bd9b0f6c8f7125a0e40737d5afe261c1a8d9684fffed66c2f"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-az"]
---

# Arizona HB 2028 (55th-1st-regular) — treasurer; investment of trust funds

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Chaptered Version** (committee substitute) — [source](https://www.azleg.gov/legtext/55leg/1R/laws/0008.htm)
2. **House Engrossed Version** (committee substitute) — [source](https://www.azleg.gov/legtext/55leg/1R/bills/HB2028H.htm)
3. **Introduced Version** (committee substitute) — [source](https://www.azleg.gov/legtext/55leg/1R/bills/HB2028P.htm)

## Votes

- Passed — **58–0** (pass) · lower
- Passed — **29–0** (pass) · upper
- Passed — **0–0** (fail) · upper

## Sponsors

- John Kavanagh — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-12-29** Prefiled. `filing`
- **2021-01-11** House First Reading. `reading-1`
- **2021-01-12** House Second Reading `reading-2`
- **2021-01-13** DP `committee-passage`
- **2021-01-25** House Placed on Consent Calendar
- **2021-01-28** PASSED `passage, reading-3`
- **2021-01-28** Transmit to Senate
- **2021-02-08** PASSED `passage`
- **2021-02-08** Senate First Reading `reading-1`
- **2021-02-09** PASSED `passage, reading-3`
- **2021-02-09** Transmit to House
- **2021-02-09** Transmit to Governor `executive-receipt`
- **2021-02-12** Signed by Governor `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ec5c7566-c29c-4de8-8ee9-dd123eb37347`. Confidence: reported (aggregated from official Arizona legislature records).