veterans' reinvestment fund; appropriation

HB4054 - veterans' reinvestment fund; appropriation

Budget Labor

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Aaron Márquez, Lauren Kuby
Last action: 2026-02-17
Official status: House second read
Effective date: Not listed

Plain English Breakdown

The bill does not provide specific details on how funds will be used or what programs will receive funding.

Veterans' Reinvestment Fund; Appropriation

This bill establishes a Veterans' Reinvestment Fund and allocates $51.8 million from the state general fund for fiscal year 2026-2027 to support veterans in Arizona.

What This Bill Does

Creates a new Veterans' Reinvestment Fund that will receive money from legislative appropriations, grants, gifts, donations, and contributions.
Requires the State Treasurer to manage the fund with consultation from the Department of Veterans' Services.
Specifies that fifty percent of the funds in the Veterans' Reinvestment Fund must be distributed each fiscal year to the Department of Veterans' Services for programs supporting veterans.
Allocates $51.8 million and 31 full-time employee positions from the state general fund to the Veterans' Reinvestment Fund.

Who It Names or Affects

Veterans in Arizona who will benefit from programs funded by the Veterans' Reinvestment Fund.
The State Treasurer, who is responsible for managing the fund with consultation from the Department of Veterans' Services.
The Department of Veterans' Services, which receives funding and provides services to veterans.

Terms To Know

Veterans: People who have served in the military.
Fiscal Year: A period of time used for budgeting and financial reporting, usually from July 1 to June 30.

Limits and Unknowns

The bill does not specify how much money will be in the fund beyond fiscal year 2026-2027.
It is unclear what specific programs or services will receive funding from the Veterans' Reinvestment Fund.

Bill History

2026-02-17 House
House second read
2026-02-16 House
House Rules: None
2026-02-16 House
House Appropriations: None
2026-02-16 House
House Federalism, Military Affairs & Elections: None
2026-02-16 House
House first read

Official Summary Text

HB4054 - veterans' reinvestment fund; appropriation

Current Bill Text

Read the full stored bill text

HB4054 - 572R - I Ver

REFERENCE TITLE:
veterans' reinvestment fund; appropriation

State of Arizona

House of Representatives

Fifty-seventh Legislature

Second Regular Session

2026

HB 4054

Introduced by

Representative
M�rquez: Senator Kuby

AN
ACT

Amending title 41, chapter 1, article 4, Arizona
Revised Statutes, by adding section 41-181; Appropriating monies; relating to
the state treasurer.

(TEXT OF BILL BEGINS ON NEXT PAGE)

Be it enacted by the Legislature of the State of Arizona:

Section 1. Title 41, chapter 1, article 4,
Arizona Revised Statutes, is amended by adding section 41-181, to read:

START_STATUTE
41-181.

Veterans' reinvestment fund

The Veterans' reinvestment fund is established
consisting of legislative appropriations, grants, gifts, donations and contributions.�
the state treasurer, IN CONSULTATION with the director of the department of
veterans' services, shall administer the fund. the state treasurer
shall invest and divest monies in the fund as provided by section 35-313, and
monies earned from investment shall be credited to the fund. �Monies in the
fund are exempt from the provisions of section 35-190 relating to lapsing of
appropriations. �The state treasurer shall distribute fifty percent of the Monies
in the fund each fiscal year to the department of veterans' services for
programs that provide any of the following to veterans in this state:

1. Education and training.

2. Jobs and economic opportunities.

3. Health and wellness services.

4. Mental health and substance abuse
services.

5. Housing.
END_STATUTE

Sec. 2.
Appropriation;
veterans' reinvestment fund; exemption

A. The sum of $51,800,000 and
thirty-one FTE positions are appropriated from the state general fund in fiscal
year 2026-2027 to the veterans' reinvestment fund established by section 41-181,
Arizona Revised Statutes, as added by this act.

B. The appropriation made
in subsection A of this section is exempt from the provisions of section
35-190, Arizona Revised Statutes, relating to lapsing of appropriations.