From official state and federal legislative records. Informational only, not legal advice.
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In plain words
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<b>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 creates the new Horse Racing Account. (Flesch Readability Score: 61.1).</b> [<i>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).</i>] [<i>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.</i>] Allocates eight-tenths of one percent of net proceeds from the <b>Oregon State</b> Lottery to the County Fair Account and two-tenths of one percent of net proceeds from the lottery to the Horse Racing Account. [<i>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.</i>] [<i>Appropriates moneys to the department out of the General Fund for consultant services related to the report.</i>] Establishes the Horse Racing Account separate and distinct from the General Fund. Declares an emergency, effective on passage.