Summary of the Introduced Bill

HB 870 -- Excursion Gambling Boat Revenue

Sponsor:  Jackson

This bill changes the distribution of some of the remaining net
proceeds in the Gaming Commission Fund in Fiscal Year 2006 and
beyond.  The first $500,000 will continue to be appropriated on a
per-capita basis to certain cities and counties that have
demonstrated a need for funding community neighborhood
organization programs for the homeless and to deter gang-related
violence and crimes.  Fifty percent of the remaining net proceeds
will be transferred to the Veterans' Commission Capital
Improvement Trust Fund and the remaining 50% to the Early
Childhood Development, Education, and Care Fund.

Currently, $4.5 million is transferred to the Missouri College
Guarantee Fund, $3 million to the Missouri National Guard Trust
Fund, $3 million to the Veterans' Commission Capital Improvement
Trust Fund, and the remaining to the Early Childhood Development,
Education, and Care Fund.

Copyright (c) Missouri House of Representatives

redbar
Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:20 pm