The Arizona Revised Statutes have been updated to include the revised sections from the 57th Legislature, 2nd Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 58th Legislature, 1st Regular Session, which convenes in January 2027.
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This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
A. Each tourism improvement area shall be governed by an owners' board composed of a majority of the assessed lodging business owners located within the tourism improvement area or their authorized representatives. A representative of the municipality or county may have a nonvoting, ex officio seat on the owner's board.
B. The governing body shall contract with its destination marketing organization to manage and implement the tourism improvement area activities specified in the tourism improvement area plan.
C. The destination marketing organization managing the tourism improvement area has all of the powers possessed by a nonprofit corporation organized pursuant to the laws of this state, including the authority to accept donations or gifts of monies and property, to apply for and receive grants from public and private sources and to carry over monies from one fiscal year to the next.
D. On governing body approval of the tourism improvement area and annually thereafter, the owners' board shall submit to the department of revenue the approved tourism improvement area map with details on the assessed properties in a form and manner required by the department of revenue.
E. The destination marketing organization that manages the tourism improvement area shall file an annual report with the governing body within one hundred twenty days after the end of the tourism improvement area's fiscal year. The requirement for filing an annual report shall begin in the first full fiscal year after tourism improvement area formation.
F. The annual report required pursuant to subsection E of this section must include all of the following:
1. The tourism improvement area activities provided for the previous fiscal year.
2. The amount of tourism improvement area monies spent on tourism improvement area activities for the previous fiscal year.
3. The estimated amount of any surplus or deficit monies to be carried over from the previous fiscal year.