Maximum amount of outstanding debt allowed for the state agricultural society increased, and sales tax exemption for certain construction materials provided.

This bill increases the maximum outstanding debt limit for the State Agricultural Society from $30 million to $50 million, allowing it to borrow more for projects like fairgrounds improvements. It also exempts admissions, parking, and separately ticketed events at the state fair from sales tax, but only for regular state fair events held on the fairgrounds. The debt limit change takes effect July 1, 2025, and the tax exemption applies to sales after June 30, 2025. These changes directly affect the State Agricultural Society's ability to fund operations and the cost for fair attendees.