ARIZONA HOUSE OF REPRESENTATIVES

Fifty-sixth Legislature

First Regular Session

HB 2811: amusements; 2023-2024

Sponsor: Representative Livingston, LD 28

Committee on Appropriations

Overview

Contains provisions relating to amusements needed to implement the FY 2024 budget.

History

Pursuant to A.R.S. § 5-104, the Arizona Department of Gaming (ADG) Division of Racing establishes and collects a regulatory assessment from each commercial racing permittee, payable from amounts deducted from pari-mutuel pools by the permittee, from amounts wagered on live and simulcast races from in-state and out-of-state wagering handled by the permittee. All monies received from the regulatory assessment are deposited into the Racing Regulation Fund, which is the primary funding source for the Division of Racing. While ADG has the authority to set the regulatory assessment rate, the Legislature, for each FY since 2017, has set the rate at 0.5% of the amounts wagered.

The Arizona Exposition and State Fair Board (Board) has statutory authority to direct and conduct state fairs, exhibits, contests and entertainments, as well as, to promote, co-promote or lease the state fairgrounds for such events, exhibitions, entertainments or other purposes it deems proper. Monies received from fees or leases are deposited into the Arizona Exposition and State Fair Fund (A.R.S. § 3-1003).

The Exposition and State Fair Permanent Revolving Fund is established as a separate account for use in making change at fairs and for purchases and activities requiring immediate cash outlay for events sponsored by the Board that are proper as ultimate claims for payment from the Exposition and State Fair Fund. The amount of monies in the Revolving Fund cannot exceed $60,000, except for a period beginning October 1 and ending November 30 each year the amount cannot exceed $400,000, for use during the annual state fair (A.R.S. § 3-1005).

The 2023 Arizona State Fair is scheduled for September 22 through October 29.

Provisions

Racing Wagering Assessment

1. Continues for FY 2024, as session law, to set ADG's regulatory assessment to 0.5% on the amounts wagered on live and simulcast races from in-state and out-of-state wagering handled by a commercial racing permittee. (Sec. 1)

Exposition and State Fair Board Permanent Revolving Fund

2. Changes for FY 2024, as session law, the period in which the amount of monies in the Exposition and State Fair Permanent Revolving Fund cannot exceed $400,000:

a) from beginning October 1 and ending November 30;

b) to beginning 15 days before and ending 15 days after the 2023 Az State Fair. (Sec. 2)

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f) HB 2811

g) Initials PRB Page 0 Appropriations

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