The bill clarifies the authorized distributions from the local government limited gaming impact fund by:
- Specifying that "documented gaming impacts" should be for negative impacts and defining that phrase;
- Requiring grant awards to be prioritized for eligible local governmental entities that have lower property values compared to all eligible local governmental entities;
- Defining "property values" as the sum of the actual value of all property, including the actual value of all tax-exempt property, as of December 31 of the prior year;
- Requiring documented negative gaming impacts to be explicitly identifiable;
- Defining "negative impacts"; and
- Allowing grants from the gambling addiction account to be used to provide gambling addiction treatment training to staff at nonprofit community mental health centers or clinics; this is in addition to the current authorized use for gambling addiction counseling services to Colorado residents.
(Note: This summary applies to this bill as introduced.)