In CommitteeFiled Jun 12, 2026
Sponsor: Sally Gonzales (D)
Latest Action
Senate First Reading
Jun 12, 2026
Summary
The bill updates the authority’s general fund provisions, letting it create extra accounts, invest unused money, and require investments to mature when needed. It also forces the board to sell securities if funds run short and triggers an auditor‑general review of any shortfall. The changes aim to improve financial oversight of the tourism and sports authority.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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