ARIZONA HOUSE OF REPRESENTATIVES Fifty-fifth Legislature Second Regular Session
	Senate: GOV DP 5-1-1-0 | 3^rd Read 21-6-3-0 House: GE DP 9-4-0-0 | 3^rd Read 49-4-7-0

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SB 1592: governor's declaration; fiscal impact analysis

Sponsor: Senator Gray, LD  21

Transmitted to the Governor

Overview

Stipulates that the State Treasurer must not withhold any amount from an eligible city related to convention center development during a state of emergency declaration.

History

Statute establishes the Arizona Convention Center Development Fund to encourage and enable eligible cities to expand and develop municipally operated major convention center facilities that are designed to serve trade shows and large conventions attended primarily by residents of other states and to encourage the visitor and tourism industries in Arizona (A.R.S. § 9-601).

A city that is eligible to receive distributions from the Arizona Convention Center Development Fund must be a charter city, have a population of more than one million people at the time of distribution and more than 550,000 people at the time of initial distribution and operate a convention center facility with at least 200,000 square feet of exhibition space constructed with monies from municipal sources (A.R.S. § 9-604).

Provisions

1. Prohibits the State Treasurer from withholding any amount from the eligible city for the year in which a state of war emergency or state of emergency for a public health emergency is initially declared by the Governor. (Sec. 1)

2. Stipulates that in conducting the estimate or analysis of the economic impact of any eligible project in subsequent years following the initial emergency declaration, the Auditor General must assume:

a) The eligible city satisfied the minimum required attendance in the year of the emergency declaration and the following year; and

b) The incremental revenues to the state General Fund in any year of an emergency declaration and the following year at least equaled the amount of distributions by the state pursuant to statute. (Sec. 1)

3. Contains a retroactivity clause of January 1, 2020. (Sec. 2)

4. Makes a conforming change. (Sec. 1)

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8.                   SB 1592

9. Initials SJ  Page 0 Transmitted

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