2926‑S AMH MAST MADS 2

 

 

 

 


SHB 2926 ‑ H AMDS 281 ADOPTED 2-13-96

By Representatives Mastin and others

     On page  1, line 14, after "(2)" strike "Licensees" and insert "Except under (c) of this subsection, licensees"

 

     On page 2, line 1, strike "((and one-half))" and insert "and ((one-half)) three-tenths"

 

     On page 2, line 5, strike "one-half" and insert "eight-tenths"

 

     On page 2, after line 6, insert the following:

     "(c) Until January 1, 2001, licensees who have race meets of thirty days or more and who operate a race track in counties having a population over three hundred and fifty thousand and under one million shall retain and not pay to the commission those sums required under (a) and (b) of this subsection."

 

     On page 3, line 12, strike "((twelve and one-half)) thirteen" and insert "twelve and ((one-half)) seven-tenths"

 

     On page 3, line 16, strike "one-half" and insert "two-tenths"

 

     On page 3, after line 16, insert the following:

     "Sec. 3. RCW 67.16.100  and 1995 c 399 ' 166 are each amended to read as follows:

     (1) All sums paid to the commission under this chapter, including those sums collected for license fees and excluding those sums collected under RCW 67.16.102, 67.16.105(3), and 67.16.105(4), shall be disposed of by the commission as follows:

     (a) Fifty percent thereof shall be retained by the commission for the payment of the salaries of its members, secretary, clerical, office, and other help and all expenses incurred in carrying out the provisions of this chapter.  No salary, wages, expenses, or compensation of any kind shall be paid by the state in connection with the work of the commission.

     (b) ((One percent shall, on the next business day following the receipt thereof, be paid to the state treasurer to be deposited in the general fund.

     (c) Three percent shall, on the next business day following the receipt thereof, be paid to the state treasurer, who is hereby made ex officio treasurer of a fund to be known as the "state trade fair fund" which shall be maintained as a separate and independent fund, and made available to the director of community, trade, and economic development for the sole purpose of assisting state trade fairs.

     (d) Forty-six)) Fifty percent shall be paid to the state treasurer, who is hereby made ex officio treasurer of a fund to be known as the "fair fund," which shall be maintained as a separate and independent fund outside of the state treasury, and made available to the director of agriculture for the sole purpose of assisting fairs in the manner provided in Title 15 RCW.

     (2) Any moneys collected or paid to the commission under the terms of this chapter and not expended at the close of the fiscal biennium shall be paid to the state treasurer and be placed in the general fund.  The commission may, with the approval of the office of financial management, retain any sum required for working capital."

 

Renumber remaining sections consecutively and correct internal references and the title accordingly.


 

 

 

EFFECT:  This amendment does the following: (1) Increases by 0.2 percent rather than 0.5 percent the amount for-profit licensees may retain from the daily handle; (2) Decreases by 0.2 percent rather than 0.5 percent the percentage of daily gross receipts that licensees must pay to the Commission; (3) Allows those licensees who have race meets of more than 30 days and who operate a race track in counties having a population over 350,000 and under 1,000,000 to retain the percentage of daily gross receipts that would otherwise be paid to the Commission; and (4) Eliminates the 1% distribution of money by the Commission to the state general fund and the 3% distribution to the state trade fair fund and increases by 4% the distribution to the state fair fund.