This amendment modifies the bill to redirect gaming proceeds to the cowboy state agricultural trust fund for fiscal years 2027-2029, rather than only requiring an initial transfer of general funds.
- Changes the bill's description in the enacting clause from requiring fund transfers to amending the disposition of gaming proceeds and providing an appropriation. (Page 1, lines 6-7)
- Adds a new amendment to W.S. 11-25-201(d) to establish how pari-mutuel gaming proceeds are distributed. Creates a requirement that quarterly transfers of excess pari-mutuel account funds above $1,500,000 be directed 80% to the cowboy state agricultural trust fund and 20% to the legislative stabilization reserve account for fiscal years 2027-2029, then 100% to the legislative stabilization reserve account for fiscal year 2030 and thereafter. (Page 9, lines 15-20; Page 9-10, lines 1-10)
- Renumbers subsequent sections of the bill to account for the new amendment to W.S. 11-25-201(d), changing former Section 3 to Section 4 and former Section 4 to Section 5. (Page 9, line 22; Page 10, line 12; Page 11, lines 1 and 6)
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