MADAM PRESIDENT:
I move
that Senate Bill 528 be amended to read as follows:
beginning July 1 of each year and ending June 30 of the
following year.
(5) Twenty-eight and thirty-five hundredths percent (28.35%)
of all adjusted gross receipts in excess of one hundred fifty
million dollars ($150,000,000) but not exceeding six hundred
million dollars ($600,000,000) received during the period
beginning July 1 of each year and ending June 30 of the
following year.
(6) Thirty-two and forty hundredths percent (32.40%) of all
adjusted gross receipts exceeding six hundred million dollars
($600,000,000) received during the period beginning July 1 of
each year and ending June 30 of the following year.
(e) This subsection applies only to a riverboat in a historic hotel
district that received less than seventy-five million dollars
($75,000,000) of adjusted gross receipts during the preceding state
fiscal year. A graduated tax is imposed on the adjusted gross
receipts received from gambling games authorized under this
article as follows:
(1) Four and five hundredths percent (4.05%) of the first
twenty-five million dollars ($25,000,000) of adjusted gross
receipts received during the period beginning July 1 of each
year and ending June 30 of the following year.
(2) Sixteen and twenty hundredths percent (16.20%) of the
adjusted gross receipts in excess of twenty-five million dollars
($25,000,000) but not exceeding fifty million dollars
($50,000,000) received during the period beginning July 1 of
each year and ending June 30 of the following year.
(3) Twenty and twenty-five hundredths percent (20.25%) of
the adjusted gross receipts in excess of fifty million dollars
($50,000,000) but not exceeding seventy-five million dollars
($75,000,000) received during the period beginning July 1 of
each year and ending June 30 of the following year.
(4) Twenty-four and thirty hundredths percent (24.30%) of
the adjusted gross receipts in excess of seventy-five million
dollars ($75,000,000) but not exceeding one hundred fifty
million dollars ($150,000,000) received during the period
beginning July 1 of each year and ending June 30 of the
following year.
(5) Twenty-eight and thirty-five hundredths percent (28.35%)
of all adjusted gross receipts in excess of one hundred fifty
million dollars ($150,000,000) but not exceeding six hundred
million dollars ($600,000,000) received during the period
beginning July 1 of each year and ending June 30 of the
following year.
(6) Thirty-two and forty hundredths percent (32.40%) of all
adjusted gross receipts exceeding six hundred million dollars
($600,000,000) received during the period beginning July 1 of
each year and ending June 30 of the following year.".
Page 20, line 24, delete "(d)" and insert " (f)".
Page 20, line 25, after "(c)" insert " or (e)".
Page 20, line 31, delete "(e)" and insert " (g)".
Page 20, line 34, delete "(f)" and insert " (h)".
Page 20, line 36, delete "(g)" and insert " (i)".
Page 20, line 40, delete "(h)" and insert " (j)".
Page 21, line 1, delete "(i)" and insert " (k)".
Page 21, line 8, delete "(j)" and insert " (l)".
Page 22, line 17, strike "Thirty-seven and one-half percent (37.5%)"
and insert " Forty-six and twenty-nine hundredths percent
(46.29%)".
Page 22, line 19, strike "(2) Nineteen percent (19%) shall be paid to
the".
Page 22, line 24, strike "state general fund.".
Page 22, line 25, strike "(3) Eight percent (8%)" and insert " (2) Nine
and eighty-seven hundredths percent (9.87%)".
Page 22, line 27, strike "(4) Sixteen percent (16%)" and insert " (3)
Nineteen and seventy-five hundredths percent (19.75%)".
Page 22, line 38, strike "(5) Nine percent (9%)" and insert " (4)
Eleven and eleven hundredths percent (11.11%)".
Page 23, line 26, strike "(6) Five percent (5%)" and insert " (5) Six
and eighteen hundredths percent (6.18%)".
Page 23, line 33, strike "(7) Five percent (5%)" and insert " (6) Six
and eighteen hundredths percent (6.18%)".
Page 23, line 40, strike "(8) Five-tenths percent (0.5)" and insert " (7)
Sixty-two hundredths percent (0.62%)".
(Reference is to SB 528 as printed February 15, 2013.)