SB1188 proposes to reduce the fiscal year 2024 appropriation to the Arizona Department of Gaming (ADG) by $10,000,000. It also mandates the transfer of funds from the ADG to the state General Fund (state GF) on the effective date of the act. The amount transferred will be either $10,000,000 or the amount of money remaining unexpended and unencumbered from the FY 2024 General Appropriations Act, whichever is less.

The bill's provisions include a reduction in the ADG's FY 2024 appropriation and the subsequent transfer of funds to the state GF. The effective date of these actions will coincide with the general effective date of the act.