If enacted, this bill would introduce a new memorial urging the President and Congress of the United States to withdraw from and cease all funding to the International Monetary Fund (IMF). This insertion would be added to the current statutes, emphasizing the state's position on the matter.

The current law remains unchanged, but the new language would formally express Arizona's stance against the IMF, marking a significant shift in legislative intent regarding international financial institutions. The bill directs the Arizona Secretary of State to communicate this memorial to key federal officials, ensuring that the message is conveyed to the appropriate parties in Congress.