Arizona HB2303 amends the state treasurer's duties to prohibit insider information use and speculative investments.

Arizona HB2303 amends the state treasurer's duties to prioritize the state's interests over personal gain. The bill prohibits the state treasurer from using insider information for personal benefit or that of family members. It also restricts investments to safe options, avoiding speculative high-risk ventures. The state treasurer must authenticate documents, manage state funds, and report financial conditions to the governor and legislature. The bill defines "insider information" and "speculative investments" to clarify these restrictions.

Arizona HB2303 amends the state treasurer's duties to prohibit insider information use and speculative investments.

Arizona HB2303 amends the state treasurer's duties to prioritize the state's interests over personal gain. The bill prohibits the state treasurer from using insider information for personal benefit or that of family members. It also restricts investments to safe options, avoiding speculative high-risk ventures. The state treasurer must authenticate documents, manage state funds, and report financial conditions to the governor and legislature. The bill defines "insider information" and "speculative investments" to clarify these restrictions.