If enacted, this bill would update current statutes by inserting a new memorial that urges the President and Congress of the United States to withdraw from and cease all funding to the International Monetary Fund (IMF). This insertion emphasizes a formal request for the federal government to take specific actions regarding its financial relationship with the IMF.

The bill does not propose any deletions from existing statutes, meaning that the current legal framework remains intact while adding this new directive. The memorial serves as a statement of the Arizona legislature's position on the issue, reflecting a desire to influence federal policy regarding international financial institutions.