The bill amends section 53-06.1-11.2 of the North Dakota Century Code, which pertains to the charitable gaming operating fund. It establishes that the fund will consist of all gaming taxes, monetary fines, and interest and penalties collected under the relevant chapter. The attorney general is tasked with allocating the remaining moneys in the fund on a quarterly basis, with a new allocation of "five thousand" dollars to the gambling disorder prevention and treatment fund, replacing the previous allocation of "ten thousand" dollars. Additionally, it specifies that five percent of the total moneys in the fund will be distributed to cities and counties based on the taxes collected from licensed organizations conducting games.

Furthermore, the bill modifies the process for transferring funds to the general fund. The attorney general is now responsible for transferring the balance of net proceeds in the charitable gaming operating fund that exceeds the amount appropriated for administrative and operating costs, rather than certifying the amount to the state treasurer as was previously required. This transfer must occur before the end of each biennium, streamlining the process and ensuring that excess funds are allocated efficiently.

Statutes affected:
INTRODUCED: 53-06.1-11.2