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SB 1432

SB 1432 - Current law imposes an admission fee of $2 for each person embarking on an excursion gambling boat. This act authorizes the Missouri Gaming Commission to annually adjust such fee for inflation. (Section 313.805 and 313.820) Current law also authorizes the Commission to distribute excess moneys in the Gaming Commission Fund for certain purposes. This act provides for a distribution of $15 million to the Department of Natural Resources Historic Preservation Fund for the purpose of preserving and protecting collections of historic artifacts. (Section 313.835) JOSH NORBERG

2026 Regular Session

Allows annual inflation-based increases to excursion gambling boat admission fees and directs $15 million from gaming funds to the DNR Historic Preservation Fund to preserve artifa

Re-referred S Select Committee on Gaming Committee
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WeVote Research Nonpartisan
Bill Summary · SB 1432

Summary of SB 1432 (Missouri, 2026)

Purpose and intent

SB 1432 modifies two provisions related to the Missouri Gaming Commission and the distribution of gaming funds. The bill aims to (1) authorize an annual inflation adjustment to the admission fee for excursion gambling boats and (2) allocate a new, specific portion of excess Gaming Commission Fund moneys to the Department of Natural Resources (DNR) Historic Preservation Fund for preserving and protecting historic artifact collections.

Key provisions and changes

  • Inflation-adjusted admission fee for excursion gambling boats

    • Adds authority for the Missouri Gaming Commission to annually adjust the current admission fee of $2 per person embarking on an excursion gambling boat to account for inflation.
    • This adjustment mechanism would be performed annually, presumably based on an agreed inflation metric used by the Commission (not specified in the summary; the bill text would provide the metric and timing).

  • Distribution of excess Gaming Commission Fund moneys

    • Maintains existing authority for the Commission to distribute excess moneys in the Gaming Commission Fund for various purposes.
    • Creates a new, dedicated distribution of $15 million to the Department of Natural Resources Historic Preservation Fund.
    • Purpose of the $15 million: to preserve and protect collections of historic artifacts.
    • This allocation is a one-time or ongoing allocation? The summary notes a specific amount, but the bill text would clarify whether this is a one-time appropriation or an ongoing annual transfer.

Who is affected

  • Excursion gambling boat patrons and operators

    • Patrons would experience potential annual increases in the admission fee corresponding to inflation, affecting costs to embark on excursion gambling boats.
    • Operators may need to adjust pricing, budgeting, and reporting to reflect annual fee changes.

  • Department of Natural Resources (DNR) and historic preservation interests

    • The DNR Historic Preservation Fund would receive a targeted $15 million allocation, expanding resources available for preserving and protecting historic artifact collections.
    • Museums, archives, cultural institutions, and other entities involved in artifact preservation may benefit indirectly through preserved collections and related programs.

  • Missouri Gaming Commission and state budget/appropriations processes

    • The Commission would implement the inflation-adjustment mechanism annually, affecting future fund inflows and distributions.
    • The allocation to the DNR Historic Preservation Fund would interact with other funding priorities and the overall gaming-fund distribution framework.

Procedural and timeline aspects

  • Implementation timing: The inflation-adjustment provision implies annual updates to the admission fee, subject to Commission action each year. The exact timing, methodology, and inflation index would be defined in the bill or the Commission’s rules.
  • Funding mechanics: The $15 million allocation to the DNR Historic Preservation Fund would be implemented through the Gaming Commission Fund’s excess moneys distribution process. The bill would specify when the funds become available and whether the amount is annual or a one-time appropriation.
  • Legal and regulatory changes: The bill would amend Sections 313.805, 313.820, and 313.835 to formalize the inflation-adjustment authority and the new distribution to the Historic Preservation Fund.

Potential impacts and considerations

  • The inflation-based fee adjustment could provide a steady revenue stream to the state from excursion gambling boats, increasing capacity to fund state programs while aligning with economic conditions.
  • The new $15 million allocation enhances state support for historic preservation, potentially increasing preservation activities, acquisitions, and curation of artifact collections.
  • Stakeholders may scrutinize the inflation metric used, the frequency of adjustments, and the long-term fiscal implications for gaming-related tourism and related economic activity.

Note: For full understanding, reviewing the exact bill language would clarify the inflation metric, the precise allocation mechanics (one-time vs. ongoing), and any related reporting or oversight requirements.

Compiled from official sources — confirm details with the bill’s official record.

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