SECOND REGULAR SESSION
HOUSE BILL NO. 1521
91ST GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE SHIELDS.
Read 1st time January 17, 2002, and 1000 copies ordered printed.
TED WEDEL, Chief Clerk
AN ACT
To repeal sections 160.534 and 164.303, RSMo, and to enact in lieu thereof three new sections relating to gambling moneys for schools.
Section A. Sections 160.534 and 164.303, RSMo, are repealed and three new sections enacted in lieu thereof, to be known as sections 160.534, 163.201, and 164.303, to read as follows:
160.534. [For fiscal year 1996 and each subsequent fiscal year,] 1. Except as provided in subsection 2 of this section, any amount of the excursion gambling boat proceeds deposited in the gaming proceeds for education fund in excess of the amount transferred to the school district bond fund as provided in section 164.303, RSMo, shall be transferred to the state school moneys fund. Such moneys shall be transferred on a monthly basis and shall be distributed in the manner provided in section 163.031, RSMo.
2. The moneys transferred pursuant to this section shall be transferred on a monthly basis as follows:
(1) For fiscal year 2004, twenty percent to the classroom trust fund created pursuant to section 163.201, RSMo, and eighty percent to the state school moneys fund;
(2) For fiscal year 2005, forty percent to the classroom trust fund and sixty percent to the state school moneys fund;
(3) For fiscal year 2006, sixty percent to the classroom trust fund and forty percent to the state school moneys fund;
(4) For fiscal year 2007, eighty percent to the classroom trust fund and twenty percent to the state school moneys fund; and
(5) For fiscal year 2008, one hundred percent to the classroom trust fund.
3. The amount transferred pursuant to subsection 2 of this section to the classroom trust fund shall be replaced in the state school moneys fund from general revenue.
163.201. 1. For fiscal year 2004 and each subsequent fiscal year, the "Classroom Trust Fund", which is hereby created in the state treasury, shall be distributed by the state board of education to each school district on a per eligible pupil basis. The moneys distributed pursuant to this section shall be exempt from salary compliance pursuant to section 165.016, RSMo. The moneys may be used by the district for:
(1) School construction, renovation or leasing;
(2) Teacher recruitment, retention, salaries or professional development;
(3) Technology enhancements or textbooks or instructional materials; or
(4) School safety and violence prevention programs.
2. The classroom trust fund shall consist of all moneys transferred to it pursuant to section 160.534, RSMo, all moneys otherwise appropriated or donated to it and, notwithstanding any other provision of law to the contrary, all unclaimed lottery prize money.
164.303. There is hereby established in the state treasury the "School District Bond Fund". Such amounts as may be
necessary to fund the annual requests submitted by the health and educational facilities authority to fund the payment of
costs and grants as provided in subsection 7 of section 360.106 and sections 360.111 to 360.118, RSMo, and necessary
costs for administration of those provisions, but not to exceed seven million dollars per year, shall be transferred by
appropriation to the fund from the gaming proceeds for education fund before any amounts in the gaming proceeds for
education fund are transferred [to the state school moneys fund,] as provided in section 160.534, RSMo. Moneys deposited
in the school district bond fund shall be used by the health and educational facilities authority, subject to appropriation, to
fund the payment of costs and grants as provided in subsection 7 of section 360.106 and sections 360.111 to 360.118,
RSMo, and necessary costs for administration of those provisions. Notwithstanding the provisions of section 33.080,
RSMo, to the contrary, moneys in the fund shall not be transferred to the credit of the general revenue fund at the end of
each biennium.
Missouri
House of Representatives