The proposed bill aims to update the current statutes governing the Maricopa County Stadium District Fund by introducing new provisions that require the Arizona Department of Revenue to account for and report income tax revenues from professional baseball franchises, specifically mandating that 82 percent of these revenues be transmitted to the District Fund annually from January 1, 2026, until December 31, 2056. Additionally, it stipulates that a portion of transaction privilege tax (TPT) revenues from specific business activities at Chase Field must also be transmitted to the District Fund. The bill further establishes penalties for the Arizona Diamondbacks if they leave Chase Field before certain dates, ensuring they pay any remaining debts owed to the District Fund.

Moreover, the bill modifies the governance structure of the Maricopa County Stadium District Board by replacing the current Board of Supervisors with appointed members from various stakeholders, including the Phoenix Mayor and local business owners. It requires a two-thirds majority vote for expenditures related to MLB participation infrastructure and prohibits the Board from acquiring property through eminent domain. The bill also caps TPT and income tax diversions at $500 million, introduces definitions for key terms, and mandates specific reporting requirements for the Board. Overall, these updates aim to enhance financial accountability and ensure that funds are allocated specifically for the maintenance and improvement of Chase Field and its adjacent buildings.

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
Chaptered 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