amusements; 2024-2025

HB 2898 amends two Arizona statutes to clarify how state funds are managed for the exposition and state fair and to adjust the distribution of lottery revenues. The bill establishes a permanent revolving fund for the fair board to handle immediate cash needs like change and event purchases, ensuring these funds do not lapse at the end of the fiscal year. It also sets specific limits on the fair's cash reserve, allowing up to $60,000 annually or $400,000 during the state fair period. Additionally, the legislation modifies the state lottery fund to prioritize debt service payments and mandates fixed annual allocations to various programs, including child safety, health education, and homeless shelters, with adjustments based on economic changes.