The bill amends the State Convention Facility Development Act by updating the distribution requirements for the convention facility development fund. It specifies that any remaining funds after certain distributions must be allocated according to a new priority order, with the term "shall" replaced by "must" throughout the text to emphasize the mandatory nature of these distributions. The bill outlines specific amounts to be distributed to metropolitan authorities for operational deficits of qualified convention facilities for fiscal years 2020 through 2025, and it also establishes a grant program for convention centers impacted by COVID-19, detailing eligibility criteria and funding limits.

Additionally, the bill modifies the distribution calculations for counties based on liquor tax collections, ensuring that the amounts distributed are proportional to the collections from licensees in those counties. It introduces a cap on distributions for certain fiscal years and mandates that excess funds be used for capital expenditures or debt retirement by qualified local governmental units. The bill also includes a provision that requires a portion of the distributions to be allocated for substance abuse treatment within the taxing unit, ensuring that a minimum percentage of the funds is dedicated to this purpose.

Statutes affected:
Senate Introduced Bill: 207.630