| 1 | Representative(s) Ryan offered the following: |
| 2 |
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| 3 | Amendment (with directory and title amendments) |
| 4 | Remove line(s) 779-817 and insert: |
| 5 | (2) LOCAL EDUCATION SUPPLEMENTAL SLOT MACHINE TAX.-- |
| 6 | (a) On January 1 of each year, an annual tax of $500 per |
| 7 | machine shall be imposed upon each slot machine approved for use |
| 8 | at any slot machine licensee's facility. The slot machine |
| 9 | licensee shall, on or before March 1 of each year, pay the total |
| 10 | amount of such tax to the division. On or before July 1 of each |
| 11 | year, the division shall deposit any tax imposed pursuant to |
| 12 | this subsection in the Educational Enhancement Trust Fund in the |
| 13 | Department of Education. The Department of Education shall use |
| 14 | the moneys collected under this subsection from a slot machine |
| 15 | licensee for reimbursement of eligible expenses to the school |
| 16 | district where the slot machine licensee is located and for such |
| 17 | other purposes as provided in this subsection. |
| 18 | (b) The school district where the slot machine licensee is |
| 19 | located shall request such moneys as are available under this |
| 20 | subsection for reimbursement of the following additional |
| 21 | expenses: |
| 22 | 1. Supplemental public education instruction expenses; |
| 23 | 2. Classroom and school facilities construction expenses; |
| 24 | 3. School safety expenses; or |
| 25 | 4. Educational infrastructure expenses. |
| 26 |
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| 27 | Eligible expenses under this paragraph must have been incurred |
| 28 | as a direct result of the slot machine licensee's operation of |
| 29 | slot machines in the school district during the immediately |
| 30 | preceding school year. |
| 31 | (c) The Department of Education shall distribute the |
| 32 | moneys available under this subsection for reimbursement of |
| 33 | expenses to the school district only after conducting an |
| 34 | independent audit for the purposes of determining the amount of |
| 35 | the additional expenses to the school district that are |
| 36 | attributable to such district as a direct result of the slot |
| 37 | machine licensee's operations of slot machines in the school |
| 38 | district during the immediately preceding school year. The |
| 39 | amount of the revenues collected from the supplemental slot |
| 40 | machine tax less the amount paid to the school district for |
| 41 | reimbursement of eligible expenses, as determined by the |
| 42 | Department of Education audit, shall be paid annually to all |
| 43 | school districts as provided in subsection (3). |
| 44 | (3) TAX ON SLOT MACHINE REVENUES.-- |
| 45 | (a) The tax rate on slot machine revenues at each facility |
| 46 | shall be 55 percent. |
| 47 | (b) The facility shall collect and transmit the tax to the |
| 48 | department on a daily basis for deposit into the Slot Machine |
| 49 | Administrative Trust Fund in the Department of Business and |
| 50 | Professional Regulation for immediate transfer to the |
| 51 | Educational Enhancement Trust Fund in the Department of |
| 52 | Education. Any interest earnings on the tax revenues shall also |
| 53 | be transferred to the Educational Enhancement Trust Fund. |
| 54 | (c) Any expenditures of slot machine taxes shall be used |
| 55 | to supplement and not supplant public education dollars. |
| 56 | (4) PAYMENT PROCEDURES.--Tax payments shall be remitted |
| 57 | daily, as determined by rule of the division. The slot machine |
| 58 | licensee shall file a report under oath by the 5th day of each |
| 59 | calendar month for all taxes remitted during the preceding |
| 60 | calendar month that shall show all slot machine activities for |
| 61 | the preceding calendar month and such other information as may |
| 62 | be required by the division. |
| 63 | (5) FAILURE TO PAY TAX; PENALTIES.--A slot machine |
| 64 | licensee who fails to make tax payments as required under this |
| 65 | section shall be subject to an administrative penalty of up to |
| 66 | $1,000 for each day the tax payment is not remitted. All |
| 67 | administrative penalties imposed and collected shall be |
| 68 | deposited into the Slot Machine Administrative Trust Fund in the |
| 69 | Department of Business and Professional Regulation. If any slot |
| 70 | machine licensee fails to pay penalties imposed by order of the |
| 71 | division under this subsection, the division may suspend, |
| 72 | revoke, or refuse to renew the license of the slot machine |
| 73 | licensee. |
| 74 | (6) FAILURE TO PAY TAX; GROUNDS TO SUSPEND, REVOKE, OR |
| 75 | REFUSE TO RENEW THE LICENSE.--In addition to the penalties |
| 76 | imposed under subsection (5), any willful or wanton failure by a |
| 77 | slot machine licensee to make payments of the tax constitutes |
| 78 | sufficient grounds for the division to suspend, revoke, or |
| 79 | refuse to renew the license of the slot machine licensee. |
| 80 | (7) SUBMISSION OF FUNDS.--The division may require slot |
| 81 | machine licensees to remit taxes, fees, fines, and assessments |
| 82 | by electronic funds transfer. |
| 83 |
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| 84 |
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| 85 | ================ T I T L E A M E N D M E N T ============= |
| 86 | Remove line(s) 100 and insert: |
| 87 | make recommendations to the Legislature; requiring the slot |
| 88 | machine licensee to pay an annual tax on each machine; providing |
| 89 | for deposit of the tax into the Educational Enhancement Trust |
| 90 | Fund to be distributed to the school district where the facility |
| 91 | is located for certain purposes; directing the Department of |
| 92 | Education to conduct an audit and distribute the funds; |
| 93 | providing for a |