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Home » US Law » 2022 Arizona Revised Statutes » Title 5 - Amusements and Sports » Article 2 - Financial Provisions

§ 5-837 – Cactus league promotion account

5-837. Cactus league promotion account A. The authority shall maintain a cactus league promotion account consisting of monies transmitted to the account pursuant to section 5-835. B. The authority shall use monies in the account for purposes of section 5-808. C. The authority may pledge all or part of the revenues and other monies received […]

§ 5-838 – Youth and amateur sports facilities account; reserve

5-838. 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 […]

§ 5-839 – Car rental surcharge

5-839. Car rental surcharge A. The qualified electors residing in the authority, by majority vote at an election held in the authority, may levy and, if levied, the department of revenue shall collect a car rental surcharge beginning on the first day of the first month beginning ninety days after the election to levy the […]

§ 5-840 – Tax on hotels

5-840. Tax on hotels A. The qualified electors residing in the authority, by majority vote at an election held in the authority, may levy and, if levied, the department of revenue shall collect a tax on the gross proceeds of sales or gross income from the business of every person engaging or continuing in a […]

§ 5-841 – Audit

5-841. Audit A. The board of directors shall cause an annual audit to be conducted of each of the authority s funds, accounts and subaccounts by an independent certified public accountant within one hundred twenty days after the end of the fiscal year. B. The board shall immediately file a certified copy of the audit […]