What happens after the first 12 years of the issue passing. Will money still go to kids or will it all go to the individual business owners who own the gambling machines?
I have yet to come across what happens after 12 years, I have read the amendment and the explanations but none broach this topic. Can anyone help me or direct me to a place I can find out?
Thanks
2006-11-05 11:24:05 · 2 answers · asked by paganmom 6 in Politics & Government ➔ Elections
I know what the issue is about I'm just curious about what happens after 12 years. I assume the money will no longer be available to students.
2006-11-06 02:31:00 · update #1
Understand... the owners of the machines will get rich immediately... and will get even richer later. I live in a different state and we've already been through the same thing. Vote it down!
2006-11-05 11:39:07 · answer #1 · answered by Anonymous · 0⤊ 1⤋
I see nothing about 12 years in the language used , just 55 % of the money to the casino owners, 3o to the board of reagents(colleges) and the rest divided between local govt, race tracks for purses and to fund addiction services.
It also says 31,500 slot machines in 7 specific locations.
As a side note, this is an amendment to the state constitution that in effect creates a monopoly by the 7 owners of the named places.
The whole text of the amendment was printed in Oct. 30 issue of the Record-Courier. section B
2006-11-05 20:32:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋