RESUMEHB389 255 6601
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Leger (HB 389) Act No. 167
Existing law provides that the gaming control board and the parish governing authority shall
enter into a casino support services contract to compensate the governing authority for the
cost of support services resulting from operation of the land-based casino. Requires approval
of the Joint Legislative Committee on the Budget (JLCB). If a new contract is not agreed to
by March 31, the current contract shall remain in full force and effect. If the JLCB approves
the contract, it shall remain in full force and effect.
New law retains existing law but adds the requirement that the chairman of JLCB notify the
treasurer of the amount of the new contract.
Existing law provides that if JLCB disapproves or does not act upon the amount of the
contract, it shall be nullified.
New law retains existing law and adds a provision that if JLCB disapproves or does not act
upon the amount of the contract, the treasurer shall not deposit any monies into the Casino
Support Services Fund which new law establishes as a special treasury fund to provide
compensation to the parish governing authority pursuant to a casino support services
contract.
New law provides that monies in the Casino Support Services Fund shall be appropriated to
the parish governing authority and used to compensate the parish for its costs for providing
support services resulting from the operation of the official gaming establishment.
Existing law provides that net revenues received from the land-based casino shall be
deposited as follows:
(1)10% shall be deposited in and credited to the Support Education in La. First (SELF)
Fund to be used to provide salary increases of certain public pre-K through 12th
grade certificated personnel and other public pre-K through 12th grade classroom
teachers as provided in existing law.
(2)90% to the SELF Fund.
New law retains existing law for those years that a casino support services contract is not
approved. For years for which a contract is approved, provides that the net revenues shall
be deposited as follows:
(1)The first $1,800,000 shall be deposited into the Casino Support Services Fund.
(2)The next $60 million shall be deposited and credited to the SELF Fund.
(3)Any revenues in excess of the above amounts shall be deposited into the Casino
Support Services Fund until the casino support services contract is fully funded.
(4)The remainder shall be deposited into and credited to the SELF Fund.
Existing law establishes the SELF Fund. Requires that certain riverboat gaming franchise
fees and casino net revenues be used as follows:
(1)70% shall be used to provide salary increases for certain pre-K through 12th grade
certificated personnel and for other public pre-K through 12th grade classroom
teachers in FY 2001-2002 and annually to support such increase.
(2)30% shall be used to provide public postsecondary education faculty salary increases,
including related benefits, to be distributed in accordance with a plan developed
jointly by the Board of Regents and the division of administration in FY 2001-2002
and annually to support such increase. RESUMEHB389 255 6601
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New law retains existing law.
Effective upon signature of governor (May 22, 2014).
(Amends R.S. 27:247 and 270(A)(3)(a))