2005 Missouri Revised Statutes - § 160.534. — Excursion gambling boat proceeds, transfer to gaming proceeds for education fund and classroom trust fund. Excursion gambling boat proceeds, transfer to gaming proceeds for education fund and state school moneys fund.

160.534. For fiscal year 1996 and each subsequent fiscal year, 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 classroom trust fund. Such moneys shall be distributed in the manner provided in section 163.043, RSMo.

(L. 1993 S.B. 380 § 8 subsec. 1, A.L. 1995 S.B. 301, A.L. 2005 S.B. 287)

*Effective 7-1-06

*Contingent expiration date. See section 143.107.

(1996) Contingent referendum provision was found to be an unconstitutional delegation of legislative authority thereby making section 143.107 void. Akin v. Director of Revenue, 934 S.W.2d 295 (Mo.banc).

Excursion gambling boat proceeds, transfer to gaming proceeds for education fund and state school moneys fund.

160.534. For fiscal year 1996 and each subsequent fiscal year, 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.

(L. 1993 S.B. 380 § 8 subsec. 1, A.L. 1995 S.B. 301)

Effective 6-27-95

*This section was amended by S.B. 287, 2005, effective 7-1-06. Consult RSMo 2000 for existing section.

*Contingent expiration date. See section 143.107.

(1996) Contingent referendum provision was found to be an unconstitutional delegation of legislative authority thereby making section 143.107 void. Akin v. Director of Revenue, 934 S.W.2d 295 (Mo.banc).

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