REFERENCE TITLE: technical correction; sports facilities account State of Arizona House of Representatives Fifty-sixth Legislature First Regular Session 2023 HB 2416 Introduced by Representative Gress An Act amending section 5-838, Arizona Revised Statutes; relating to the tourism and sports authority. (TEXT OF BILL BEGINS ON NEXT PAGE)
REFERENCE TITLE: technical correction; sports facilities account
State of Arizona House of Representatives Fifty-sixth Legislature First Regular Session 2023
HB 2416
Introduced by Representative Gress
REFERENCE TITLE: technical correction; sports facilities account
State of Arizona
House of Representatives
Fifty-sixth Legislature
First Regular Session
2023
HB 2416
Introduced by
Representative Gress
An Act
amending section 5-838, Arizona Revised Statutes; relating to the tourism and sports authority.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona: Section 1. Section 5-838, Arizona Revised Statutes, is amended to read: START_STATUTE5-838. Youth and amateur sports facilities account; reserve A. The authority shall maintain a youth and amateur sports facilities account consisting of monies transmitted to the account pursuant to section 5-835. B. The authority shall establish a youth and amateur sports facilities reserve within the account consisting of monies transmitted to the reserve pursuant to section 5-835, subsection B, paragraph 6. The authority shall transfer from the reserve to the account an amount equal to any deficiency in the monthly amount distributed to the account pursuant to section 5-835, subsection B, paragraph 3 4. C. The authority shall use monies in the account for purposes of section 5-809. END_STATUTE
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 5-838, Arizona Revised Statutes, is amended to read:
START_STATUTE5-838. Youth and amateur sports facilities account; reserve
A. The authority shall maintain a youth and amateur sports facilities account consisting of monies transmitted to the account pursuant to section 5-835.
B. The authority shall establish a youth and amateur sports facilities reserve within the account consisting of monies transmitted to the reserve pursuant to section 5-835, subsection B, paragraph 6. The authority shall transfer from the reserve to the account an amount equal to any deficiency in the monthly amount distributed to the account pursuant to section 5-835, subsection B, paragraph 3 4.
C. The authority shall use monies in the account for purposes of section 5-809. END_STATUTE