HB2366 Session 2025r1 In House Committee

Provides that a fixed percentage of certain forecasted video lottery revenues be transferred to counties for economic development.

Summary

Digest: The Act changes the way that lottery moneys are transferred to counties. (Flesch Readability Score: 67.7). Provides that a fixed percentage of certain forecasted video lottery revenues be transferred to counties for economic development. Provides that disbursals to counties from video lottery revenues be adjusted to compensate for differences between the biennium's forecasted revenues and actual revenues. Takes effect on the 91st day following adjournment sine die.