An Act To Provide Project Support for Veterans' Cemeteries

CONCEPT DRAFT SUMMARY

This bill is a concept draft pursuant to Joint Rule 208.

This bill proposes to provide annual funding for projects at the State's veterans' cemeteries by dedicating a certain percentage of any increase in revenue from slot machines for this purpose. The first base year for determining whether an increase has occurred would be July 1, 2008 to June 30, 2009. If revenues in the following year, July 1, 2009 to June 30, 2010, exceed revenues in the base year, a certain percentage of the excess must be dedicated to the veterans' cemeteries. This calculation would be made on an ongoing basis, with the previous year being used as the base year. Revenues transferred to the veterans' cemeteries pursuant to this provision would be capped at $50,000 per cemetery per year.