Assembly Bill No. 449–Assemblymen Carpenter, de Braga and Marvel

 

March 19, 2001

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Joint Sponsors: Senators Rhoads and McGinness

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Referred to Committee on Ways and Means

 

SUMMARY—Reserves portion of certain gaming license fees from off-track pari-mutuel wagering to augment purses for horse racing in certain counties. (BDR 41‑657)

 

FISCAL NOTE:            Effect on Local Government: No.

                                    Effect on the State: Yes.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

AN ACT relating to gaming; reserving a portion of certain gaming license fees collected from persons licensed to conduct off-track pari-mutuel wagering to augment purses for horse racing in certain counties; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1    Section 1. NRS 463.320 is hereby amended to read as follows:

1-2    463.320  1.  All gaming license fees imposed by the provisions of

1-3  NRS 463.370, 463.373 to 463.383, inclusive, and 463.3855 must be

1-4  collected and disposed of as provided in this section.

1-5    2.  All state gaming license fees and penalties must be collected by the

1-6  commission and paid over immediately to the state treasurer to be disposed

1-7  of as follows:

1-8    (a) [All] Except as otherwise provided in paragraph (c), all state

1-9  gaming license fees and penalties other than the license fees imposed by

1-10  the provisions of NRS 463.380 must be deposited for credit to the state

1-11  general fund.

1-12    (b) All state gaming license fees imposed by the provisions of NRS

1-13  463.380 must, after deduction of costs of administration and collection, be

1-14  divided equally among the various counties and transmitted to the

1-15  respective county treasurers. Such fees, except as otherwise provided in

1-16  this section, must be deposited by the county treasurer in the county

2-1  general fund and be expended for county purposes. If the board of county

2-2  commissioners desires to apportion and allocate all or a portion of such

2-3  fees to one or more cities or towns within the county, the board of county

2-4  commissioners shall, annually, before the preparation of the city or town

2-5  budget or budgets as required by chapter 354 of NRS, adopt a resolution so

2-6  apportioning and allocating a percentage of such fees anticipated to be

2-7  received during the coming fiscal year to such city or cities or town or

2-8  towns for the next fiscal year commencing July 1. After the adoption of the

2-9  resolution the percentage so apportioned and allocated must be converted

2-10  to a dollar figure and included in city or town budget or budgets as an

2-11  estimated receipt for the next fiscal year. Quarterly upon receipt of the

2-12  money from the state, the county treasurer shall deposit an amount of

2-13  money equal to the percentage so apportioned and allocated to the credit of

2-14  the city or town fund to be used for city or town purposes, and the balance

2-15  remaining must be deposited in the county general fund and must be

2-16  expended for county purposes.

2-17    (c) One twenty-fifth of the license fee imposed by the provisions of

2-18  NRS 463.370 on gross revenue which exceeds $134,000 per calendar

2-19  month that is paid pursuant to subsection 2 of NRS 464.045 by persons

2-20  licensed to conduct off-track pari-mutuel wagering must, after the

2-21  deduction of costs of administration and collection, be allocated pro rata

2-22  among the counties in this state in which on-track pari-mutuel wagering

2-23  is conducted. The allocation must be based upon the amounts paid from

2-24  each such county pursuant to subsection 2 of NRS 466.125 and

2-25  transmitted to the respective county treasurers. Money received by a

2-26  county treasurer pursuant to this paragraph must be deposited in the

2-27  county general fund and expended to augment any stakes, purses or

2-28  rewards which are offered with respect to horse races conducted in that

2-29  county by a state fair association, agricultural society or county fair and

2-30  recreation board.

2-31    Sec. 2.  This act becomes effective on July 1, 2001.

 

2-32  H