Assigned to APPROP FOR COMMITTEE
ARIZONA STATE SENATE
Fifty-Fifth Legislature, Second Regular Session
FACT SHEET FOR S.B. 1722
amusements; 2022-2023.
Purpose
Makes statutory and session law changes relating to amusements necessary to implement
the FY 2023 state budget.
Background
The Arizona Constitution prohibits substantive law from being included in the general
appropriations, capital outlay appropriations and supplemental appropriations bills. However, it is
often necessary to make statutory and session law changes to effectuate the budget. Thus, separate
bills called budget reconciliation bills (BRBs) are introduced to enact these provisions. Because
BRBs contain substantive law changes, the Arizona Constitution provides that they become
effective on the general effective date, unless an emergency clause is enacted.
S.B. 1722 contains the budget reconciliation provisions for changes relating to
amusements.
Provisions
1. Caps the fee for the privilege to operate fantasy sports contests at 10 percent of the fantasy
sports contest operator's adjusted revenues.
2. Caps the fee for the privilege to operate event wagering at 10 percent of the event wagering
operator's adjusted gross event wagering receipts.
3. Specifies that any revenues collected in excess of the amount appropriated from the Fantasy
Sports Contest Fund at the end of each fiscal year must be transferred to the state General Fund
(state GF).
4. Requires 90 percent of the monies deposited in the Event Wagering Fund from the previous
month to be transferred to the state GF by the 25th of each month, rather than requiring any
remaining monies be transferred to the state GF on the 25th of each month.
5. Continues to require the Arizona Department of Gaming, in FY 2023, to establish and collect,
in addition to amounts already authorized, a regulatory assessment from each commercial
racing permittee in the amount of 0.5 percent of the amounts wagered, payable from
pari-mutuel pools from in-state and out-of-state live and simulcast races.
6. Makes technical changes.
7. Becomes effective on the general effective date.
Prepared by Senate Research
June 20, 2022
JT/sr