Bill > SB1736

This bill makes several changes to Arizona's laws related to amusements and racing. First, it modifies the Racing Regulation Fund by removing a specific reference to section 5-230 and clarifying how funds are deposited and used. The bill establishes an unarmed combat subaccount within this fund and specifies how revenues from boxing contests and related license fees will be collected and deposited. It updates licensing requirements for unarmed combat events, including establishing annual licenses, setting a 365-day license period with a 30-day grace period for renewals, and stipulating that medical examinations for combatants are valid for 365 days. Additionally, the bill introduces two temporary provisions: a 0.5% regulatory assessment on commercial racing permittees in fiscal year 2025-2026, and a special provision allowing first-time starter horses to race with gate approval and two timed workouts during 2025 and 2026. The bill also includes a provision allowing liquor producers and wholesalers to sponsor and advertise at large concert venues with certain specific conditions through June 30, 2027. These changes aim to provide more flexibility in racing and entertainment regulations while establishing clearer financial management procedures.

Budget and Finance

https://apps.azleg.gov/BillStatus/BillOverview/83475