The proposed bill would update current statutes by continuing the Arizona Exposition and State Fair Board for an additional eight years, extending its termination date to July 1, 2033. It would repeal the existing statute that mandates the Board's termination on July 1, 2025, and replace it with new provisions that outline the Board's responsibilities, including maintaining state fairgrounds and generating revenue to cover operating expenses. Additionally, the bill introduces a requirement for legislative committees to meet by January 1, 2029, to review the Board's compliance with the Auditor General's recommendations, which will be repealed after December 31, 2029.

Furthermore, the bill includes a retroactive provision that makes these changes effective from July 1, 2025, ensuring a seamless transition in the Board's oversight and responsibilities. The deletion of the previous termination date and the addition of new compliance requirements reflect a legislative intent to enhance the Board's accountability and operational effectiveness while ensuring its continued existence.

Statutes affected:
Introduced Version: 41-3025.03, 41-3033.03
House Engrossed Version: 41-3025.03, 41-3033.03