April 29, 2008(Key vote)
Title: Expansion of Video Lottery Facility Hours
-Extends the normal hours of the Twin River and Newport Grand facilities until 3A.M.
-States that the extended hours set forth in this bill expire on June 30, 2009.
-Increases the revenue received by the city of Newport from the Newport Grand facility to 1.2% from 1.01% for each week operated under the extended hours.
-Increases the revenue received by the town of Lincoln from the Lincoln Park facility to 1.45% from 1.26% for each week operated under the extended hours.
-Allocates up to $14.1 million of additional revenue from the extended hours to the school fund to aid local education authorities.
NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.