SB 337

Abstract

Amends the Riverboat Gambling Act. Provides that after all other payments are made out of the State Gaming Fund, an amount equal to 3% of the adjusted gross receipts deposited into the State Gaming Fund shall be transferred monthly into the Special Recreation Services Fund. The General Assembly shall annually appropriate the moneys in the Special Recreation Services Fund to the Department of Revenue for grants to special recreation associations, which are associations formed as a result of a joint agreement entered into between 2 or more park districts or municipalities to provide recreational programs for the handicapped. Provides that on or before each August 1, beginning in 2004, the Department of Revenue shall make grants to eligible special recreation associations in 2 rounds. In each round, the grant shall be distributed proportionately according to population, but a special recreation association shall not receive more than 10% of the grant moneys available for a fiscal year. Any moneys remaining undistributed after the second round shall be transferred to the General Revenue Fund. Amends the State Finance Act to create the Special Recreation Services Fund. Effective immediately.