HLS 10RS-1615 ORIGINAL
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
Regular Session, 2010
HOUSE BILL NO. 736
BY REPRESENTATIVE ABRAMSON
GAMBLING/REVENUES: Provides for payment of the casino support services contract
AN ACT1
To enact R.S. 27:270(A)(2)(c), relative to deposit of revenues from the official gaming2
establishment; to provide for the transfer of revenue to compensate the parish where3
the official gaming establishment is located for rendering support services; and to4
provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 27:270(A)(2)(c) is hereby enacted to read as follows: 7
ยง270. Deposit of revenues; expenditures and investments authorized; transfer of8
revenues to state treasury; corporation operating account; audit of9
corporation books and records; audits10
A.11
* * *12
(2)13
* * *14
(c) Quarterly, the corporation shall transfer to the governing authority of the15
parish where the official gaming establishment is located an amount not to exceed16
nine hundred thousand dollars. These monies shall first be credited to the Bond17
Security and Redemption Fund in accordance with Article VII, Section 9(B) of the18
Constitution of Louisiana. Thereafter, the monies shall be used to compensate the19
parish on a quarterly basis for the cost to the parish for providing support services20 HLS 10RS-1615 ORIGINAL
HB NO. 736
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.
resulting from the operation of the official gaming establishment and the activities1
therein as authorized by the provisions of R.S. 27:247.2
* * *3
DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part
of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute
part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
Abramson HB No. 736
Abstract: Provides for $900,000 to be paid quarterly for the casino support services
contract.
Present law provides for the operation of a land-based casino in Orleans Parish.
Present law further provides for the distribution of revenue from the operation of the land-
based casino.
Proposed law provides that quarterly, the corporation shall transfer to the governing
authority of the parish where the official gaming establishment is located an amount not to
exceed $900,000. The monies shall be used to compensate the parish for the cost to the
parish for providing support services resulting from the operation of the official gaming
establishment.
(Adds R.S. 27:270(A)(2)(c))