SB 435-1_ Filed 02/19/2001, 09:13
Adopted 02/19/2001

SENATE MOTION


MR. PRESIDENT:

    I move
that Senate Bill 435 be amended to read as follows:

SOURCE: Page 2, line 42; (01)MO043501.2. -->     Page 2, line 42, delete "A person may own up to a one hundred percent" and insert " (a) For purposes of this section, a person is considered to have an ownership interest in a riverboat owner's license if the interest is owned directly or indirectly by the person or by an entity controlled by the person.
    (b) A person may have up to a one hundred percent (100%) ownership interest in not more than two (2) riverboat licenses issued under this chapter.
    (c) A person may not have an ownership interest in more than two (2) riverboat owner's licenses issued under this chapter.
    (d) This section may not be construed to increase the maximum number of licenses permitted under section 1 of this chapter or the number of riverboats that may be owned and operated under a license under section 10 of this chapter.
".
    Delete page 3.
    (Reference is to SB 435 as printed February 9, 2001.)

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Senator SERVER


MO043501/DI 92     2001