2004 Initiative Petitions Approved for Circulation in Missouri

2004-03 RE: Gambling on the White River in Rockaway Beach

Submitted by:

Douglas S. Stone 700 West 47th Street, Suite 1000 Kansas City, MO 64112-1802

Contact Douglas S. Stone (816) 753-1000 for further information.

Petition sample form approved for circulation on June 10, 2003. Official ballot title certified by Secretary of State on July 11, 2003.

OFFICIAL BALLOT TITLE AS CERTIFIED BY SECRETARY OF STATE

Shall the Missouri Constitution be amended to authorize floating gambling facilities on or adjacent to the White River in Rockaway Beach, Missouri, to be licensed and regulated consistent with all other floating facilities in the State of Missouri, with fifty percent of the state revenues generated in the current year to be used for uniform salary supplement grants to all high quality teachers employed in priority schools, and the remaining state revenues generated in the current year to be distributed to all priority school districts on a per pupil basis for capital improvements to education facilities?

This constitutional amendment will generate annual direct gaming revenue ranging from $39.9 to $49.0 million for the state and $10.2 to $12.4 million for the local government, subject to local voter approval and licensing by the State Gaming Commission. The amount of indirect revenue or expense, if any, is unknown.

FULL TEXT AS SUBMITTED BY PETITIONER

Be it resolved by the people of the State of Missouri that the Constitution be amended:

Article III of the Missouri Constitution is hereby amended by adding one new section thereto, to be known as section 39(g), to read as follows:

Section 39(g). Gambling authorized on the White River – There is authorized to be conducted on floating facilities upon the White River within the city limits of Rockaway Beach, Missouri, which shall include artificial spaces that contain water and that are within 1000 feet of the closest edge of the main channel of such river, games and contests of skill and games and contests of chance. Any such floating facility shall be licensed and regulated consistent with all other floating facilities licensed and regulated in the State of Missouri. All state revenues derived from the conduct of all gaming activities on any such floating facilities as are now or hereafter authorized by this Section 39(g) shall not be included within the definition of "total state revenues" in section 17 of article X of this constitution, and shall stand appropriated without legislative action to The State Board of Education, Department of Elementary and Secondary Education, and shall be expended and used annually by The State Board of Education, Department of Elementary and Secondary Education, solely as follows: Fifty percent of the moneys so derived in the current year shall be used to fund uniform salary supplement grants to all high quality teachers employed in priority schools, and the remaining moneys so derived in the current year shall be distributed to all priority school districts on a per pupil distribution basis for the purpose of capital improvements to education facilities in such priority school districts.