tourism; sports authority; technical correction

SB 1666 is a technical correction to Arizona's Tourism and Sports Authority fund management rules. It amends Section 5-832 of the Arizona Revised Statutes to clarify that the Authority must invest unspent funds in ways that ensure securities mature when the funds are needed for operations. The bill also specifies that if fund balances become insufficient to meet obligations, the board must immediately notify the auditor general, who will investigate and report findings. This change directly affects the Tourism and Sports Authority's handling of its general fund accounts but does not create new policies or programs.