The tourism development fund is established consisting of monies received pursuant to section 41-2305. The office of tourism shall administer the fund. Monies in the fund are continuously appropriated for the purposes of supporting tourism marketing and branding of this state. Beginning in fiscal year 2024-2025, on or before October 1 of each year, the office of tourism shall report to the joint legislative budget committee the monies in the fund and expenditures made pursuant to this section from the previous fiscal year and the purposes of those expenditures.

Terms Used In Arizona Laws 41-2307

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.