summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
Fifty-seventh Legislature - Second Regular Session (2026)
Bill Summary
AN ACT amending section 5-832, Arizona Revised Statutes; relating to the tourism and sports authority.
AI Summary
This bill makes a technical correction to existing Arizona law regarding the Tourism and Sports Authority's general fund. Specifically, it clarifies that if the liquid assets in any account or subaccount within the authority's general fund become insufficient to meet its statutory obligations, the board must direct the treasurer to sell investments to cover those obligations and then inform the auditor general, who will investigate and report on the situation. The bill also clarifies that the authority's investments should mature when the money is needed for the purposes outlined in the chapter.
Sponsors (1)
Last Action
(on 01/01/1900)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://apps.azleg.gov/BillStatus/BillOverview/84893 |
| BillText | https://www.azleg.gov/legtext/57leg/2r/bills/sb1348p.htm |
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