SB1736 Summary

• Amends section 3-1005 to standardize monetary amounts in the Arizona Exposition and State Fair Fund, increasing the permanent revolving fund limit to $60,000 year-round and $400,000 during the 15 days before and after the annual state fair.

• Modifies section 5-572 to increase the annual deposit to the Arizona Competes Fund from $1,750,000 to $3,500,000 from state lottery revenues, effective June 30, 2027.

• Requires the Department of Gaming to collect a regulatory assessment of 0.5 percent from commercial racing permittees on pari-mutuel wagering amounts during fiscal year 2024-2025, in addition to existing authorized deductions.

• Allows first-time starter horses to race during 2024 and 2025 with gate approval and at least two timed workouts, including one out-of-the-gate workout within 60 days of the race; this provision repeals December 31, 2025.