SECOND REGULAR SESSION
SENATE BILL NO. 591
90TH GENERAL ASSEMBLY
INTRODUCED BY SENATOR YECKEL.
Pre-filed December 1, 1999, and 1,000 copies ordered printed.
TERRY L. SPIELER, Secretary.
2686S.01I
AN ACT
To repeal sections 160.534 and 164.303, RSMo Supp. 1999, relating to gambling moneys for schools, and to enact in lieu thereof three new sections relating to the same subject.
Section A. Sections 160.534 and 164.303, RSMo Supp. 1999, are repealed and three new sections enacted in lieu thereof, to be known as sections 160.534, 164.303 and 165.013, to read as follows:
160.534. [For fiscal year 1996 and each subsequent fiscal year,] 1. Except as provided in subsection 2 of this section, any amount of the excursion gambling boat proceeds deposited in the gaming proceeds for education fund in excess of the amount transferred to the school district bond fund as provided in section 164.303, RSMo, shall be transferred to the state school moneys fund. Such moneys shall be transferred on a monthly basis and shall be distributed in the manner provided in section 163.031, RSMo.
2. The moneys transferred pursuant to this section shall be transferred on a monthly basis as follows:
(1) For fiscal year 2001, twenty percent to the year 2000 classroom fund and eighty percent to the state school moneys fund;
(2) For fiscal year 2002, forty percent to the year 2000 classroom fund and sixty percent to the state school moneys fund;
(3) For fiscal year 2003, sixty percent to the year 2000 classroom fund and forty percent to the state school moneys fund;
(4) For fiscal year 2004, eighty percent to the year 2000 classroom fund and twenty percent to the state school moneys fund; and
(5) For fiscal year 2005, one hundred percent to the year 2000 classroom fund.
3. The amount transferred pursuant to subsection 2 of this section to the year 2000 classroom fund shall be replaced in the state school moneys fund from general revenue.
164.303. There is hereby established in the state treasury the "School District Bond Fund". Such amounts as may be necessary to fund the annual requests submitted by the health and educational facilities authority to fund the payment of costs and grants as provided in subsection 7 of section 360.106 and sections 360.111 to 360.118, RSMo, and necessary costs for administration of those provisions, but not to exceed seven million dollars per year, shall be transferred by appropriation to the fund from the gaming proceeds for education fund before any amounts in the gaming proceeds for education fund are transferred [to the state school moneys fund,] as provided in section 160.534, RSMo. Moneys deposited in the school district bond fund shall be used by the health and educational facilities authority, subject to appropriation, to fund the payment of costs and grants as provided in subsection 7 of section 360.106 and sections 360.111 to 360.118, RSMo, and necessary costs for administration of those provisions. Notwithstanding the provisions of section 33.080, RSMo, to the contrary, moneys in the fund shall not be transferred to the credit of the general revenue fund at the end of each biennium.
165.013. The "Year 2000 Classroom Fund" is hereby created in the state treasury. For fiscal year 2001 and each subsequent fiscal year, all funds placed to the credit of the year 2000 classroom fund shall be distributed to each school district on a per eligible pupil basis. The moneys distributed pursuant to this section shall be exempt from salary compliance pursuant to section 165.016. The moneys distributed pursuant to this section may only be used by the district for:
(1) School construction, renovation or leasing;
(2) Teacher recruitment, retention, salaries or professional development; or
(3) Technology enhancements or textbooks or instructional materials.
The moneys distributed pursuant to this section shall be placed to the credit of the fund or funds from which expenditures authorized pursuant to this section may be made as otherwise provided by law.