Bill Text: MO HB1102 | 2014 | Regular Session | Introduced
Bill Title: Changes the laws regarding the transfer of money from the Gaming Commission Fund to the Missouri Financial Assistance Fund, Missouri National Guard Trust Fund, and the Veterans' Commission Capital Improvement Trust Fund
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-01-14 - Public Hearing Scheduled, Bill not Heard (H) [HB1102 Detail]
Download: Missouri-2014-HB1102-Introduced.html
SECOND REGULAR SESSION
97TH GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE GATSCHENBERGER.
4320H.01I D. ADAM CRUMBLISS, Chief Clerk
AN ACT
To repeal section 313.835, RSMo, and to enact in lieu thereof one new section relating to the distribution of funds from the gaming commission fund.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Section 313.835, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 313.835, to read as follows:
313.835. All revenue received by the commission from license fees, penalties, administrative fees, reimbursement by any excursion gambling boat operators for services provided by the commission and admission fees authorized pursuant to the provisions of sections 313.800 to 313.850, except that portion of the admission fee, not to exceed one cent, that may be appropriated to the compulsive gamblers fund as provided in section 313.820, shall be deposited in the state treasury to the credit of the "Gaming Commission Fund" which is hereby created for the sole purpose of funding the administrative costs of the commission, subject to appropriation. Moneys deposited into this fund shall not be considered proceeds of gambling operations. Moneys deposited into the gaming commission fund shall be considered state funds pursuant to article IV, section 15 of the Missouri Constitution. All interest received on the gaming commission fund shall be credited to the gaming commission fund. In each fiscal year, total revenues to the gaming commission fund for the preceding fiscal year shall be compared to total expenditures and transfers from the gaming commission fund for the preceding fiscal year. The remaining net proceeds in the gaming commission fund shall be distributed in the following manner:
(1) The first five hundred thousand dollars shall be appropriated on a per capita basis to cities and counties that match the state portion and have demonstrated a need for funding community neighborhood organization programs for the homeless and to deter gang-related violence and crimes;
(2) The remaining net proceeds in the gaming commission fund for fiscal year 2013 and each fiscal year thereafter shall be distributed as follows:
(a) [The first] Five million [dollar portion] dollars shall be transferred to the access Missouri financial assistance fund, established pursuant to the provisions of sections 173.1101 to 173.1107, and additional moneys as annually appropriated by the general assembly shall be appropriated to such fund;
(b) [The second three million dollar portion shall be transferred to the veterans' commission capital improvement trust fund created in section 42.300;
(c) The third] Four million [dollar portion] dollars shall be transferred to the Missouri National Guard trust fund created in section 41.214, and additional moneys as appropriated by the general assembly may be appropriated to such fund, up to one million five hundred thousand dollars annually;
[(d)] (c) Subject to appropriations, one hundred percent of remaining net proceeds in the gaming commission fund[, after the appropriations are made pursuant to the provisions of paragraphs (a), (b), and (c) of this subdivision,] shall be transferred to the veterans' commission capital improvement trust fund created in section 42.300;
(3) The periodic transfers from the gaming commission fund into the three funds specified in subdivision 2 of this section shall be in equal amounts to each fund. Once a fund has reached its specified cap, transfers from the gaming commission fund shall be in equal amounts to the remaining two funds. Once the Missouri financial assistance fund and the Missouri National Guard trust fund have met their caps, one hundred percent of the transfers from the gaming commission fund shall be into the veteran's commission capital improvement trust fund.
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