equine economic improvement fund
What changed between versions
Added a new 'equine economic improvement fund' established in section 5-113.02 to distribute monies to nonprofit horsemen organizations and the retired racehorse adoption fund
Added a new 'county fair racing fund' in section 5-113(I) to administer county fair racing with unspent monies over $75,000 reverting to the state general fund
Added a new 'agricultural consulting and training trust fund' in section 5-113(J) to support agricultural consulting and training programs
Modified section 5-1212 to clarify that five percent of fantasy sports contest fund revenue goes to the equine economic improvement fund
Modified section 5-1318 to clarify that ninety-five percent of event wagering fund monies go to the state general fund, ten percent to the equine economic improvement fund, and five percent to the Arizona breeders' award fund
Added requirement that the Arizona stallion award fund commission adopt rules pursuant to title 41, chapter 6 to prescribe distribution procedures and stallion certification requirements
Changed formatting from introduced bill layout to Senate engrossed version with proper statutory numbering and capitalization corrections