HB 179 -- Distribution of Gaming Commission Funds

Sponsor:  Day

This bill changes the distribution of money in the Gaming
Commission Fund.  In its main provisions, the bill:

(1)  Requires that 80% of the Missouri Gaming Commission's total
appropriation for administrative costs be distributed to the
commission before other transfers are made.  Currently, the
commission can receive 100% of its appropriation before other
transfers are made;

(2)  Increases the amount that will be transferred to the
Missouri College Guarantee Fund from $4.5 million to $5 million;

(3)  Increases the amount that will be transferred to the
Veterans' Commission Capital Improvement Trust Fund from $3
million to $6 million;

(4)  Increases the amount that will be transferred to the
Missouri National Guard Trust Fund from $3 million to $4 million;

(5)  Allows up to $31 million to be transferred to the Early
Childhood Development, Education, and Care Fund.  Currently, all
moneys that remain in the Gaming Commission Fund after the
above-named transfers must be deposited into the Early Childhood
Development, Education, and Care Fund with no annual cap on the
amount that can be transferred;

(6)  Allows the commission to receive the remaining 20% of its
appropriation for administrative costs once the above-named
transfers have been made; and

(7)  Requires that all moneys remaining in the Gaming Commission
Fund after all distributions and transfers have been made be
transferred to the Veterans' Commission Capital Improvement Trust
Fund.

Currently, the commission is required to compare total revenues
in the fund to total expenditures from the fund for each fiscal
year.  The bill requires that this comparison be completed
annually by October 1 and that the commission notify the Office
of Administration of the results of the comparison by November 1.
The Office of Administration is not authorized to distribute the
proceeds in the fund until it receives the results of this
comparison.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:18 am