Relating to events that involve livestock; declaring an emergency.
Catchline/Summary:
Allocates eight-tenths of one percent of net proceeds from the Oregon State Lottery to the County Fair Account and two-tenths of one percent of net proceeds from the lottery to the Horse Racing Account.Digest: The Act addresses how lottery money is allocated to the County Fair Account. The Act allocates lottery money to a new Horse Racing Account. The Act creates the new Horse Racing Account. (Flesch Readability Score: 61.1).
[Digest: The Act addresses how lottery money is allocated to the County Fair Account. The Act allocates lottery money to a new Horse Racing Account. The Act tells an agency to create a master plan for county fair building. The Act gives money related to the master plan. The Act creates the new Horse Racing Account. (Flesch Readability Score: 68.0).]
[Removes the requirement that the amount of net proceeds from the Oregon State Lottery allocated to the County Fair Account not exceed $1.53 million annually.] Allocates eight-tenths of one percent of net proceeds from the Oregon State Lottery to the County Fair Account and two-tenths of one percent of net proceeds from the lottery to the Horse Racing Account.
[Requires the Oregon Business Development Department to prepare and report a master plan for county fairground capital construction. Specifies content and procedural requirements for the report.]
[Appropriates moneys to the department out of the General Fund for consultant services related to the report.]
Establishes the Horse Racing Account separate and distinct from the General Fund.
Declares an emergency, effective on passage.
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HB 3101 Joint Committee On Ways and Means
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