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ARIZONA STATE SENATE
Fifty-Sixth Legislature, First Regular Session
amusements; 2023-2024.
Purpose
Makes session law changes relating to amusements necessary to implement the FY 2024 state budget.
Background
The Arizona Constitution prohibits substantive law from being included in the general appropriations, capital outlay appropriations and supplemental appropriations bills. However, it is often necessary to make statutory and session law changes to effectuate the budget. Thus, separate bills called budget reconciliation bills (BRBs) are introduced to enact these provisions. Because BRBs contain substantive law changes, the Arizona Constitution provides that they become effective on the general effective date, unless an emergency clause is enacted.
S.B. 1721 contains the budget reconciliation provisions for changes relating to amusements.
Provisions
1.
Continues to require the Arizona Department of Gaming, in FY 2024, to
establish and collect, in addition to amounts already authorized, a regulatory
assessment from each commercial racing permittee in the amount of 0.5 percent
of the amounts wagered, payable from
pari-mutuel pools from in-state and out-of-state live and simulcast races.
2. Applies, for FY 2024, the increased balance cap of $400,000 for the Exposition and State Fair Board Permanent Revolving Fund to the period between 15 days before and 15 days after the 2023 Arizona State Fair, rather than the period between October 1 and November 30.
3. Becomes effective on the general effective date.
Prepared by Senate Research
May 8, 2023
JT/FB/sr