The proposed bill, if enacted, would introduce several updates to current statutes regarding amusements and the regulatory framework for commercial racing in Arizona. Specifically, it would require the Arizona Department of Gaming to establish and collect a new regulatory assessment of 0.5 percent from each commercial racing permittee based on the amounts wagered, in addition to existing deductions authorized under current law. This new requirement is aimed at enhancing revenue collection for the fiscal year 2025-2026.

Additionally, the bill would allow the Department of Gaming to grant gate approval for all tested horses within 60 days of their respective races for the years 2025 and 2026, and it mandates an amendment to the administrative code to reflect this change. However, this provision would be repealed after December 31, 2026. Overall, these changes are intended to streamline regulatory processes and ensure compliance with updated fiscal requirements while maintaining the integrity of the racing industry.