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 Racing Regulation Fund. Additionally, the Department of Gaming would be mandated to establish a regulatory assessment of 0.5 percent on amounts wagered by commercial racing permittees, which would be collected from pari-mutuel pools.

Furthermore, the bill introduces provisions allowing first-time starter horses to race under specific conditions and sets requirements for timed workouts. It also permits liquor producers or wholesalers to sponsor and advertise at concerts held at temporary extensions of licensed premises, with certain occupancy and location criteria. These new provisions would be subject to repeal after specified dates, ensuring that the changes are temporary and aligned with the fiscal year 2026 budget. Overall, the bill aims to streamline revenue collection and regulatory processes within the context of Arizona's amusement laws.

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