Arizona SB1850 amends commerce regulations, establishes funds for advanced air mobility and tourism, and creates the Office of Defense Innovation.
Arizona SB1850 amends commerce regulations by adjusting the examination frequency of insurers and establishing the financial surveillance fund for insurance assessments. It creates the Advanced Air Mobility Fund to support the development of vertiports and advanced air mobility vehicles. The bill also establishes the Tourism Fund for statewide tourism promotion and allocates state lottery funds for various purposes, including grants for homeless shelters and health programs.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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