Modifies provisions relating to excursion gambling boats in Missouri, including tax rates and fund allocations.
The bill modifies provisions relating to excursion gambling boats in Missouri. It sets a 34% tax rate on adjusted gross receipts from gambling games. One dollar of the admission fee for each person embarking on an excursion gambling boat is deposited to the credit of the gaming commission fund. Four dollars are credited to the Gaming Proceeds for Education Fund. The state auditor performs an annual audit of the gaming state funds. The bill also establishes a shared revenue agreement with any excursion gambling boat and any other city or county.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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