House Bill No. 100 amends the existing law regarding the Avoyelles Parish Local Government Gaming Mitigation Fund. The bill specifies that the state treasurer is responsible for depositing all quarterly financial contributions received from the compact with the Tunica-Biloxi Indian Tribe into the fund after fulfilling obligations secured by the state. It also outlines that the funds in the Avoyelles Parish Local Government Gaming Mitigation Fund are to be used solely for offsetting expenses incurred by political subdivisions within Avoyelles Parish due to Class III gaming activities.

Additionally, the bill modifies the distribution process of the funds. It mandates that the state treasurer remit all deposited funds to the Avoyelles Parish Police Jury within ten days of receipt, which must then distribute the funds to the governing authorities of the political subdivisions as determined by the Gaming Revenue Distribution Committee. The bill also establishes that the Gaming Revenue Distribution Committee will meet annually to decide the allocation of funds among the various political subdivisions, with a formula developed by the Avoyelles Parish Mayors Association for distributing revenues to municipalities.

Statutes affected:
HB100 Original:
HB100 Engrossed:
HB100 Enrolled:
HB100 Act :