gold; silver; currency; study committee

This Arizona bill creates a temporary study committee to investigate the state's potential use of gold and silver as currency and as investment assets. The committee will be composed of representatives from the state treasury, insurance department, accounting, law enforcement, and securities industries, with no compensation for their service. Its main task is to research prudent investment practices and fiduciary management for these metals before submitting a report with findings and recommendations to state leaders by November 2024. The entire committee and its authority are set to expire on September 30, 2025, after which the bill will no longer be in effect.