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S. B. No. 251 As IntroducedAs Introduced
130th General Assembly | Regular Session | 2013-2014 |
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A BILL
To amend Section 10 of Am. Sub. H.B. 386 of the 129th
General Assembly, as subsequently amended, to make
changes to the second payment from the Casino
Operator Settlement Fund to certain local
government entities.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That Section 10 of Am. Sub. H.B. 386 of the 129th
General Assembly, as most recently amended by Am. Sub. H.B. 59 of
the 130th General Assembly, be amended to read as follows:
Sec. 10. As used in this section, "commercial racetrack" has
the same meaning as "track" as found in Sections 3 and 7 of Am.
Sub. H.B. 386 of the 129th General Assembly.
To the extent that sufficient cash is available, within three
months after the receipt of moneys into the Casino Operator
Settlement Fund created in section 3772.34 of the Revised Code,
the Director of Budget and Management shall pay one million
dollars to the municipal corporation or township in which greater
than fifty per cent of the real property of a commercial racetrack
was located on June 11, 2012, or a municipal corporation or
township to which greater than fifty per cent of the real property
of a commercial racetrack is to relocate, but excluding the
previous municipal corporation or township of each moved or moving
commercial racetrack, and excluding a municipal corporation or
township in a county with a population between 1,100,000 and
1,200,000 in the most recent federal decennial census.
Additionally, within six months after the first payments made
under this section, the Director of Budget and Management shall
either pay an additional one million dollars to each of these
municipal corporations and townships or, if the real property of
such a commercial racetrack is in more than one municipal
corporation or township, pay the additional one million dollars to
those municipal corporations or townships in proportion to the
amount of real property in each municipal corporation or township.
Not more than six municipal corporations or townships shall be
eligible for the payments under this section. The determination of
which six municipal corporations or townships are eligible to
receive payments under this section shall be made solely by the
Director of Budget and Management. Each municipal corporation or
township receiving such a payment shall use at least fifty per
cent of the funds received for infrastructure or capital
improvements. If after either of the payments referenced in this
section, a municipal corporation or township loses a commercial
racetrack as a result of the commercial racetrack permit holder's
decision to relocate to another municipal corporation or township,
the municipal corporation or township losing the commercial
racetrack becomes eligible for a payment from the Racetrack
Facility Community Economic Redevelopment Fund provided for in
Sections 7 and 8 of H.B. 386 of the 129th General Assembly after
all of the communities that have already lost a racetrack permit
holder's commercial racetrack at the time the first payments
referenced in this section are made have each been awarded up to
$3 million for the initial loss of such commercial racetracks.
Such a municipal corporation or township shall not receive more
than the sum of $3 million minus any payments made by the Director
of Budget and Management in accordance with this section. The
Director of Budget and Management is also authorized to establish
any necessary appropriation items in the appropriate funds and
agencies in order to make any payments required under this
section. Any funds in such items are hereby appropriated.
Section 2. That existing Section 10 of Am. Sub. H.B. 386 of
the 129th General Assembly, as most recently amended by Am. Sub.
H.B. 59 of the 130th General Assembly, is hereby repealed.
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