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MO SB793
Bill
Status
2/15/2012
Primary Sponsor
Brian Munzlinger
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AI Summary
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Increases allocation to the Access Missouri financial assistance fund from $4.5 million to $5 million annually from gaming commission revenues
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Increases allocation to the Missouri National Guard trust fund from $3 million to $7.5 million annually from gaming commission revenues
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Redirects remaining net proceeds from the gaming commission fund to the veterans' commission capital improvement trust fund instead of the early childhood development, education and care fund
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Eliminates provisions that allowed additional distributions to education and veterans' programs when gaming commission fund revenues exceeded $28 million
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Maintains lottery fund allocations at 45% for prizes, 32% for education (27% general education and 5% early childhood development), and remaining amounts to general revenue fund
Legislative Description
Modifies how funds from the lottery and the Gaming Commission Fund are distributed
Last Action
Hearing Conducted S Ways and Means and Fiscal Oversight Committee
3/22/2012