The proposed bill, if enacted, would amend several sections of the Arizona Revised Statutes related to amusements, specifically focusing on the management of funds and regulatory assessments. It would require the Arizona State Boxing and Mixed Martial Arts Commission to deposit license fees into the Unarmed Combat Subaccount within the Racing Regulation Fund, rather than directly into the fund itself. Additionally, the Arizona Department of Gaming would be mandated to establish a regulatory assessment of 0.5% on amounts wagered by commercial racing permittees, which would be collected from pari-mutuel pools. The bill also introduces specific provisions for first-time starter horses, allowing them to race under certain conditions and repealing this authorization after December 31, 2026.

Furthermore, the bill allows liquor producers or wholesalers to sponsor and advertise at concerts held at temporary extensions of licensed premises, provided certain occupancy and location criteria are met. This sponsorship provision would be effective until December 31, 2027. The bill also includes technical and conforming changes to existing statutes and is set to become effective on the general effective date. Overall, these updates aim to streamline the regulatory framework and enhance revenue collection for the state’s amusement-related activities.

Statutes affected:
Introduced Version: 5-113.01, 5-226, 5-230, 35-146, 35-147, 35-190, 5-229
Senate Engrossed Version: 5-113.01, 5-226, 5-230, 35-146, 35-147, 35-190, 5-229
Chaptered Version: 5-113.01, 5-226, 5-230, 35-146, 35-147, 35-190, 5-229