PHOENIX – State Treasurer Jeff DeWit presented Arizona State Senate Majority Leader Kimberly Yee the 2017 Hero of the Arizona State Treasurer’s Office award for her sponsorship of SB 1448 this past session.
“The changes made in this legislation will lead to many millions more in earnings from the investments in our office,’’ Treasurer DeWit said.
“Majority Leader Yee’s knowledge of the Treasurer’s office from here prior employment here was critical in getting this legislation unanimously approved this year,” DeWit said. “She truly understands the role the State Treasurer of Arizona serves in protecting taxpayers.”
The wording of the award is as follows:
Whereas, SB 1448 was sponsored by Senate Majority Leader Kimberly Yee during the first regular session of the 53rd Arizona Legislature;
Whereas, SB 1448 was unanimously approved by the Arizona State Senate and the Arizona House of Representatives;
Whereas, SB 1448, was enacted as Chapter 277, Laws 2017, and became law on August 9, 2017;
Whereas, Majority Leader Yee worked tirelessly for the successful passage of this legislation;
Whereas, SB 1448 changes Arizona Law that will benefit the investing of taxpayer funds by the State Treasurer of Arizona;
Whereas, Majority Leader Yee’s knowledge of the Treasurer’s office from her prior employment in the office was critical in the passage of this legislation leading to increased earnings for taxpayers;
Whereas, Majority Leader Yee truly understands the role that the State Treasurer of Arizona serves in protecting taxpayers;
Whereas, those changes will lead to many millions more in earnings from investments by the Treasurer’s Investment Management Division, while maintaining our conservative investing approach;
I hereby declare, in the capacity of Treasurer for the State of Arizona, Senate Majority Leader Kimberly Yee as the 2017 Hero of the State Treasurer’s Office.