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MO HB1287
Bill
Status
1/12/2012
Primary Sponsor
Galen Higdon
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AI Summary
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Repeals and re-enacts section 313.835, RSMo, and creates new section 42.142 relating to the Missouri veterans fund
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Requires the Missouri gaming commission to promulgate rules within 120 days allowing excursion gambling boat patrons to donate all or part of their winnings to the newly created Missouri Veterans Fund
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Designates unclaimed or unredeemed winning tickets and money found on casino premises as automatic donations to the Missouri Veterans Fund
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Mandates quarterly transfer of all Missouri Veterans Fund moneys to the Missouri veterans commission for exclusive use in supporting Missouri veterans homes
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Requires the state auditor to conduct annual audits of moneys transferred from the Missouri Veterans Fund to the Missouri veterans commission, with findings distributed to the General Assembly, governor, and lieutenant governor within 10 business days of completion
Legislative Description
Requires the Missouri Gaming Commission to develop rules to allow patrons of excursion gambling boats to donate winnings to the newly created Missouri Veterans Fund to support veterans homes
Last Action
Public Hearing Completed (H)
1/24/2012