Bill > SB1432

This bill modifies provisions related to the Missouri Gaming Commission by updating several key sections of state law. The bill expands the commission's powers to include annually adjusting the admission fee for inflation and continues to grant the commission broad supervisory authority over gambling operations. The commission maintains its ability to investigate applicants, license gambling boat operators and suppliers, set operational standards, and enforce regulations through penalties like suspensions, revocations, and fines. The bill also preserves the commission's existing responsibilities, such as ensuring fair gambling practices, requiring cashless wagering systems, and developing patron marketing opt-out mechanisms. Financially, the bill adjusts how admission fees are collected and distributed, with fifty percent going to the Gaming Commission Fund and fifty percent to the home dock city or county. Additionally, the bill specifies how remaining net proceeds from the Gaming Commission Fund will be distributed, including allocations to various state funds such as the Access Missouri Financial Assistance Fund, Veterans' Commission Capital Improvement Trust Fund, Missouri National Guard Trust Fund, and a new provision transferring fifteen million dollars to the Missouri Department of Natural Resources Historic Preservation Fund for preserving historic artifacts.

Budget and Finance

https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=19770