Kimberly was recently named "Hero of the Treasurer's Office" by Arizona Treasurer Jeff DeWit for her legislative sponsorship of S.B. 1448, a bill allowing more diversified investments by the State Treasurer's Office.  “The changes made in this legislation will lead to many millions more in earnings from the investments in our office,’’ Treasurer DeWit said in presenting the award. “Majority Leader Yee’s knowledge of the Treasurer’s office from her prior employment here was critical in getting this legislation unanimously approved this year.  Majority Leader Yee truly understands the role the state treasurer of Arizona serves in protecting taxpayers."

In 2017, Kimberly was also selected as one of 25 outstanding elected women leaders from across the nation to join Governing Institute's 2018 Women in Government Leadership Class. 

In 2016, Kimberly was named among the nation's "Emerging Leaders" by GOPAC, the largest Republican state and local political training organization. The 2016 Class of Emerging Leaders is a group of promising legislators across the country selected for their potential and ability to impact their state and the Republican Party at the leadership level.

In 2015, Kimberly was named among Phoenix Magazine's "Stars of the Future" and was recognized with the Friend of the Family Award by the Arizona Family Project, the Champion of the Taxpayer by the Arizona Chapter of Americans for Prosperity and the AZBio Trailblazer Award.

In 2014, Kimberly was named a "Rising Star" by the Republican National Committee and was recognized as a leader selected from across the country who "will play a major role in shaping the party's future" and represents the party's message of "freedom and opportunity," according to former RNC Chairman Reince Priebus.

Kimberly was named the 2014 Hero of the Taxpayer Award, the 2013 Legislator of the Year Award by both the Arizona Optometric Association and the Arizona Association of County School Superintendents, and was named "Friend of the First Amendment and a Supporter of the People's Right to Know" by the Arizona Newspapers Association. In 2013 and 2014, she was honored with the AZBio Trailblazer Award and by the Arizona Mining Association as a Friend of Mining.

During her first term in office, Kimberly was the recipient of the following awards: Representative of the Year Award by the Arizona Chamber of Commerce, Friend of the Taxpayer by the Arizona Chapter of Americans for Prosperity, Leaders of the Year in Public Policy Award by the Arizona Capitol Times, Friend of the Family Award by the Arizona Family Project, the 2011 Freedom of Information Award by the Arizona Newspapers Association, the 2012 School Choice Champion Award by the Arizona Council for American Private Education, the 2012 Arts Hero Award, the AZBio Trailblazer Award, and the Tech Ten Legislator Award by the Arizona Technology Council. She was also honored as one of Arizona's 48 Most Intriguing Women in a book published by the Arizona Centennial Legacy Project.