The proposed bill aims to update current statutes concerning the Maricopa County Stadium District by introducing new provisions for the distribution of transaction privilege tax (TPT) and income tax revenues. Specifically, it mandates that 82% of income tax revenues from professional baseball franchise organizations and their employees be redirected to the Maricopa County Stadium District Fund. Additionally, TPT revenues from specific business activities at Chase Field and its adjacent buildings will be transmitted to the District Fund, with strict guidelines on fund usage limited to capital repairs and improvements. The bill also establishes penalties for the Arizona Diamondbacks if they leave Chase Field before certain dates and requires the return of unexpended tax distribution funds to the original taxing jurisdictions.

Moreover, the bill modifies the governance structure of the Maricopa County Stadium District Board, replacing the current Board of Supervisors with appointed members who possess relevant expertise. It sets a cap of $500 million on TPT and income tax diversions, with provisions for annual inflation adjustments, and prohibits property acquisition through eminent domain. The bill also outlines specific appointment processes and term lengths for board members, while repealing outdated distribution requirements and clarifying definitions related to infrastructure and business activities at major league baseball facilities. Overall, these updates aim to enhance financial management and operational oversight of the Stadium District while ensuring funds are used effectively for the upkeep of Chase Field.

Statutes affected:
Introduced Version: 28-2154.01, 42-1116, 42-5008.01, 42-5009, 42-5029, 42-5032.03, 42-5061, 42-5073, 42-5074, 42-5075, 42-5159, 42-6018, 42-6113, 43-206, 43-209, 48-4231, 28-2154, 42-6051, 35-146, 35-147, 42-1117, 42-3104, 49-282, 5-834, 42-1123, 42-1125, 42-5063, 42-1104, 28-4301, 42-6004, 42-5040, 42-5076, 42-5005, 28-9601, 42-5014, 42-5070, 42-5010, 42-5155, 42-5010.01, 42-5164, 42-5205, 42-1118, 42-1254, 42-5030, 42-5030.01, 42-5031, 42-5032, 42-5032.01, 42-5032.02, 17-273, 15-2084, 15-1648, 15-1472, 42-5031.01, 15-971, 2001-2002, 2002-2003, 2003-2004, 2004-2005, 2005-2006, 15-154, 15-154.01, 15-241, 43-1072.01, 15-977, 41-2257, 41-2258, 42-5033, 42-5033.01, 42-6010, 9-626, 41-194.01, 15-1402, 15-1403, 15-1409, 42-5156, 23-501, 36-1901, 28-5201, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5001, 3-311, 46-191, 36-551, 41-3201, 41-1514.02, 1-215, 49-426, 49-480, 41-1516, 44-1771, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 5-111, 42-5062, 110-246, 32-1121, 42-1301, 15-1670, 9-463.05, 11-1102, 49-701, 3-361, 3-262, 42-12002, 42-12003, 42-12004, 41-4001, 41-1520, 42-6105.01, 42-6109.01
House Engrossed Version: 28-2154.01, 42-1116, 42-5008.01, 42-5009, 42-5029, 42-5032.03, 42-5061, 42-5073, 42-5074, 42-5075, 42-5159, 42-6018, 42-6113, 43-206, 43-209, 48-4203, 48-4231, 48-4238, 28-2154, 42-6051, 35-146, 35-147, 42-1117, 42-3104, 49-282, 5-834, 42-1123, 42-1125, 42-5063, 42-1104, 28-4301, 42-6004, 42-5040, 42-5076, 42-5005, 28-9601, 42-5014, 42-5070, 42-5010, 42-5155, 42-5010.01, 42-5164, 42-5205, 42-1118, 42-1254, 42-5030, 42-5030.01, 42-5031, 42-5032, 42-5032.01, 42-5032.02, 17-273, 15-2084, 15-1648, 15-1472, 42-5031.01, 15-971, 2001-2002, 2002-2003, 2003-2004, 2004-2005, 2005-2006, 15-154, 15-154.01, 15-241, 43-1072.01, 15-977, 41-2257, 41-2258, 42-5033, 42-5033.01, 42-6010, 9-626, 41-194.01, 15-1402, 15-1403, 15-1409, 42-5156, 23-501, 36-1901, 28-5201, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5001, 3-311, 46-191, 36-551, 41-3201, 41-1514.02, 1-215, 49-426, 49-480, 41-1516, 44-1771, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 5-111, 42-5062, 110-246, 32-1121, 42-1301, 15-1670, 9-463.05, 11-1102, 49-701, 3-361, 3-262, 42-12002, 42-12003, 42-12004, 41-4001, 41-1520, 42-6105.01, 48-4202, 48-4204, 35-323, 48-4231.01
Senate Engrossed Version: 28-2154.01, 42-1116, 42-5008.01, 42-5009, 42-5010, 42-5029, 42-5032.03, 42-5061, 42-5073, 42-5074, 42-5075, 42-5159, 42-6018, 42-6113, 43-209, 48-4201, 48-4202, 48-4203, 48-4231, 48-4238, 48-4239, 28-2154, 42-6051, 35-146, 35-147, 42-1117, 43-206, 42-3104, 49-282, 5-834, 42-1123, 42-1125, 42-5063, 42-1104, 28-4301, 42-6004, 42-5040, 42-5076, 42-5005, 28-9601, 42-5070, 42-5072, 42-5069, 42-5032.02, 42-5014, 42-5155, 42-5010.01, 42-5164, 42-5205, 42-1118, 42-1254, 42-5030, 42-5030.01, 42-5031, 42-5032, 42-5032.01, 17-273, 15-2084, 15-1648, 15-1472, 42-5031.01, 15-971, 2001-2002, 2002-2003, 2003-2004, 2004-2005, 2005-2006, 15-154, 15-154.01, 15-241, 43-1072.01, 15-977, 41-2257, 41-2258, 42-5033, 42-5033.01, 42-6010, 9-626, 41-194.01, 15-1402, 15-1403, 15-1409, 42-5156, 23-501, 36-1901, 28-5201, 42-6017, 88-525, 95-627, 99-661, 111-296, 28-5739, 28-8344, 42-5001, 3-311, 46-191, 36-551, 41-3201, 41-1514.02, 1-215, 49-426, 49-480, 41-1516, 44-1771, 45-604, 28-1171, 104-104, 41-1519, 44-1302, 42-5064, 5-111, 42-5062, 110-246, 32-1121, 42-1301, 15-1670, 9-463.05, 11-1102, 49-701, 3-361, 3-262, 42-12002, 42-12003, 42-12004, 41-4001, 41-1520, 42-6105, 42-6105.01, 48-4237, 37-521, 48-4204, 35-323, 48-4231.01