1151oa

___________________ moved that HB 1151 be amended as follows:

     On page 2, after line 10 of the printed bill, insert:

"
     Section 4. That chapter 42-7A be amended by adding thereto a NEW SECTION to read as follows:

     The increase to the citizens' trust fund provided by section 3 of this Act shall continue until nineteen and one-half percent of net machine income is deposited into the fund for a fiscal year. Thereafter, machine owners shall retain forty percent of net machine income, the remainder of the net machine income shall be remitted to the state where nineteen and one-half percent of the net machine income shall be deposited in the citizens' trust fund, forty percent in the property tax reduction fund, and one-half percent shall be deposited in the video lottery operating fund.".