7 PUB. 12 2022 ISSUE 3 The lack of a savings clause was thoroughly discussed in litigation that came before the Arizona Supreme Court, and with the input from the Court’s decision, we were able tomake the law better. Unfortunately, these wins may be short-lived as the face of the Legislature changes following the 2022 elections. Republicans are expected to increase their numbers in the Legislature following the recent redistricting process. The bills’ sponsors and like-minded legislators are expected to return, whereas many banking allies were defeated in the August primary or have chosen to retire from the Legislature. Not only do we expect these bills will be reintroduced in January 2023, but we expect the effort will be bolstered by the passage of similar bills in other states and the national attention being brought to ESG from Florida Governor and Presidential hopeful Ron DeSantis. Before you know it, the next legislative session will be upon us. It is critical that the banking community be ready for the debate ahead. The Arizona Bankers Association will be prepared, having spent the interimmeeting with legislators and collecting facts supporting our case. Please tune in to the Government Relations Committee (GRC) to stay informed and stay involved in advocating for the Arizona banking industry. w
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