If enacted, this 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. The bill 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, conducting state fairs and events, and generating revenue to cover operational costs.

Additionally, the bill introduces a requirement for legislative committees to meet by January 1, 2029, to receive updates on the Board's compliance with the Auditor General's recommendations, which is a new accountability measure. This requirement will be repealed after December 31, 2029. The bill also includes a retroactive provision, making the updates effective from July 1, 2025. Overall, the changes aim to enhance the Board's operational framework while ensuring oversight and accountability.

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