FIRST REGULAR SESSION

HOUSE BILL NO. 569

91ST GENERAL ASSEMBLY


INTRODUCED BY REPRESENTATIVE GREEN (73).

Read 1st time January 29, 2001, and 1000 copies ordered printed.

TED WEDEL, Chief Clerk

1476L.01I


AN ACT

To repeal section 67.645, RSMo 2000, relating to funds for certain convention and sports complexes, and to enact in lieu thereof one new section relating to the same subject, with an emergency clause.




Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Section 67.645, RSMo 2000, is repealed and one new section enacted in lieu thereof, to be known as section 67.645, to read as follows:

67.645. 1. The county or city shall, before the second Monday in April, make an annual report to the general assembly stating the condition of its convention and sports complex fund on the first day of January of that year, and the various sums of money received by the county or city into that fund and distributed by the county or city from that fund during the preceding calendar year, except that after the second year of operation and each year thereafter such report to the general assembly shall be made in January. The county or city shall employ a certified public accountant to conduct a biennial audit of all accounts and transactions of the convention and sports complex fund and may compensate such accountants out of the funds. Any moneys appropriated by the general assembly to the convention and sports complex fund of any city or county for the purposes described in sections 67.638 to 67.645 shall lapse to the credit of the general revenue fund of the state if such city or county has failed to begin construction on the project for which such state funds were dedicated by the end of such fiscal year.

2. The state shall have the right to recover and deposit to the credit of the general revenue fund of the state all moneys, and all interest earned on moneys, deposited by the state into the convention and sports complex fund of any county of the first classification with a charter form of government with a population of more than two hundred thousand but less than three hundred thousand, or of any charter city located in such county, for the purpose of constructing a convention complex in such city or county; provided that, such right of recovery and deposit shall not vest unless such city or county has failed to begin construction of such convention complex as of July 1, 2001, or the effective date of this section, whichever later occurs.

Section B. Because immediate action is necessary to ensure the fiscal responsibility of the political subdivisions of this state, section A of this act is deemed necessary for the immediate preservation of the public health, welfare, peace and safety, and is hereby declared to be an emergency act within the meaning of the constitution, and section A of this act shall be in full force and effect upon its passage and approval.



Missouri House of Representatives