Synopsis
This amendment requires that an accounting of qualified investments be delivered to the Controller General as well as to the Lottery Director and that no license fee reduction is allowed unless the Controller General and the Lottery Director both approve the accounting. It further provides that the reduction is available only for a video lottery facility for which the beneficial ownership remained the same during the year in which the license fee reduction is sought. Finally, the amendment provides that this Act will sunset 1 year from its effective date absent further action of the General Assembly.