The proposed bill seeks to amend section 5-838 of the Arizona Revised Statutes, specifically regarding the operations of the tourism and sports authority. Under current law, the authority is required to establish a youth and amateur sports facilities reserve funded by specific monetary transmissions. The bill updates the statute by changing the reference for the monthly distribution amount from paragraph 3 to paragraph 4 of section 5-835, ensuring that the authority can address any deficiencies in the account more accurately.
In summary, the bill introduces a new provision that modifies the existing legal framework by replacing the outdated paragraph reference with a more current one, thereby enhancing the authority's ability to manage funds related to youth and amateur sports facilities. The core structure of the statute remains intact, with only this specific adjustment being made.
Statutes affected: Introduced Version: 5-838