HB3101: Relating to events that involve livestock; declaring an emergency.

Legislative Summary

The Act addresses how lottery money is allocated to the County Fair Account. The Act allocates lottery money to a new Horse Racing Account. The Act creates the new Horse Racing Account. (Flesch Readability Score: 61.1). [Digest: The Act addresses how lottery money is allocated to the County Fair Account. The Act allocates lottery money to a new Horse Racing Account. The Act tells an agency to create a master plan for county fair building. The Act gives money related to the master plan. The Act creates the new Horse Racing Account. (Flesch Readability Score: 68.0).] [Removes the requirement that the amount of net proceeds from the Oregon State Lottery allocated to the County Fair Account not exceed $1.53 million annually.] Allocates eight-tenths of one percent of net proceeds from the Oregon State Lottery to the County Fair Account and two-tenths of one percent of net proceeds from the lottery to the Horse Racing Account. [Requires the Oregon Business Development Department to prepare and report a master plan for county fairground capital construction. Specifies content and procedural requirements for the report.] [Appropriates moneys to the department out of the General Fund for consultant services related to the report.] Establishes the Horse Racing Account separate and distinct from the General Fund. Declares an emergency, effective on passage.