AMENDMENT FOR PRINTED BILL
1151oa
___________________ moved that HB 1151 be amended as follows:
On page
2,
after line 10 of the printed bill, insert:
"
Section 4. That chapter
42-7A
be amended by adding thereto a NEW SECTION to read as
follows:
The increase to the citizens' trust fund provided by section 3 of this Act shall continue until
nineteen and one-half percent of net machine income is deposited into the fund for a fiscal year.
Thereafter, machine owners shall retain forty percent of net machine income, the remainder of the
net machine income shall be remitted to the state where nineteen and one-half percent of the net
machine income shall be deposited in the citizens' trust fund, forty percent in the property tax
reduction fund, and one-half percent shall be deposited in the video lottery operating fund.".