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MO SB793

Bill

Status

Introduced

2/15/2012

Primary Sponsor

Brian Munzlinger

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Increases allocation to the Access Missouri financial assistance fund from $4.5 million to $5 million annually from gaming commission revenues

  • Increases allocation to the Missouri National Guard trust fund from $3 million to $7.5 million annually from gaming commission revenues

  • 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

  • Eliminates provisions that allowed additional distributions to education and veterans' programs when gaming commission fund revenues exceeded $28 million

  • 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

Committee Referrals

Ways And Means And Fiscal Oversight2/16/2012

Full Bill Text

No bill text available