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AZ SB1348
Bill
Status
Prefiled
N/A
Primary Sponsor
Sally Gonzales
Click for details
AI Summary
- Amends Arizona Revised Statutes section 5-832 regarding the Tourism and Sports Authority's general fund and investment provisions
- Expands the scope of fund insufficiency provisions to include individual accounts and subaccounts, not just the overall fund
- Changes the notification trigger from when "authority's obligations" cannot be met to when "statutory obligations" cannot be met
- Requires the auditor general to investigate and report on depletions of any account or subaccount, in addition to the main fund
Legislative Description
Tourism; sports authority; technical correction
Full Bill Text
No bill text available