Senate Bill No. 3–Senator  Rhoads

 

Prefiled January 24, 2003

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Referred to  Committee on Judiciary

 

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

 

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

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

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

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

1-6  by the Commission and paid over immediately to the State

1-7  Treasurer to be disposed of as follows:

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

1-9  state gaming license fees and penalties other than the license fees

1-10  imposed by the provisions of NRS 463.380 must be deposited for

1-11  credit to the State General Fund.

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

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

1-14  collection, be divided equally among the various counties and

1-15  transmitted to the respective county treasurers. Such fees, except as

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

2-1  treasurer in the county general fund and be expended for county

2-2  purposes. If the board of county commissioners desires to apportion

2-3  and allocate all or a portion of such fees to one or more cities or

2-4  towns within the county, the board of county commissioners shall,

2-5  annually, before the preparation of the city or town budget or

2-6  budgets as required by chapter 354 of NRS, adopt a resolution so

2-7  apportioning and allocating a percentage of such fees anticipated to

2-8  be received during the coming fiscal year to such city or cities or

2-9  town or towns for the next fiscal year commencing July 1. After the

2-10  adoption of the resolution , the percentage so apportioned and

2-11  allocated must be converted to a dollar figure and included in the

2-12  city or town budget or budgets as an estimated receipt for the next

2-13  fiscal year. Quarterly , upon receipt of the money from the State, the

2-14  county treasurer shall deposit an amount of money equal to the

2-15  percentage so apportioned and allocated to the credit of the city or

2-16  town fund to be used for city or town purposes, and the balance

2-17  remaining must be deposited in the county general fund and must be

2-18  expended for county purposes.

2-19      (c) One twenty-fifth of the license fee imposed by the

2-20  provisions of NRS 463.370 on gross revenue which exceeds

2-21  $134,000 per calendar month that is paid pursuant to subsection 2

2-22  of NRS 464.045 by persons licensed to conduct off-track pari-

2-23  mutuel wagering must, after the deduction of costs of

2-24  administration and collection, be allocated pro rata among the

2-25  counties in this state in which on-track pari-mutuel wagering is

2-26  conducted. The allocation must be based upon the amounts paid

2-27  from each such county pursuant to subsection 2 of NRS 466.125

2-28  and transmitted to the respective county treasurers. Money

2-29  received by a county treasurer pursuant to this paragraph must be

2-30  deposited in the county general fund and expended to augment

2-31  any stakes, purses or rewards which are offered with respect to

2-32  horse races conducted in that county by a state fair association,

2-33  agricultural society or county fair and recreation board.

2-34      Sec. 2.  This act becomes effective on July 1, 2003.

 

2-35  H