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AZ SB1707

Bill

Status

Introduced

2/6/2024

Primary Sponsor

Sally Gonzales

Click for details

Origin

Senate

Fifty-sixth Legislature - Second Regular Session (2024)

AI Summary

SB 1707 Summary

  • Establishes the Arizona Gaming Commission as an independent seven-member board with specific professional qualifications to regulate fantasy sports contests and event wagering, replacing the Department of Gaming's regulatory role.

  • Transfers $2,100,000 monthly from the event wagering fund to the 2021 compact trust fund to benefit tribal beneficiaries not located in the Phoenix metropolitan area and those without event wagering licenses.

  • Prohibits current and former governors, staff members, lobbyists, lawyers, and legislators involved in 2021 gaming compact amendments from having financial interests in gambling operations for five years after April 15, 2021.

  • Increases the maximum annual raffle benefit for booster clubs, civic clubs, and political organizations from $10,000 to $20,000.

  • Establishes a termination date of July 1, 2034, for the Arizona Gaming Commission, with related statutes repealing January 1, 2035.

Legislative Description

Gaming; event wagering; gaming commission

Prohibition

Last Action

Senate read second time

2/7/2024

Committee Referrals

Rules2/6/2024
Finance and Commerce2/6/2024

Full Bill Text

No bill text available