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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY TOEPEL, VEREB, STEPHENS, HARPER, MURT, QUIGLEY, GINGRICH, HACKETT AND MALONEY, JULY 17, 2012 |
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| REFERRED TO COMMITTEE ON GAMING OVERSIGHT, JULY 17, 2012 |
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| AN ACT |
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1 | Amending Title 4 (Amusements) of the Pennsylvania Consolidated |
2 | Statutes, further providing for establishment of State Gaming |
3 | Fund and net slot machine revenue distribution. |
4 | The General Assembly of the Commonwealth of Pennsylvania |
5 | hereby enacts as follows: |
6 | Section 1. Section 1403(c)(2)(iv)(B) of Title 4 of the |
7 | Pennsylvania Consolidated Statutes is amended to read: |
8 | § 1403. Establishment of State Gaming Fund and net slot machine |
9 | revenue distribution. |
10 | * * * |
11 | (c) Transfers and distributions.--The department shall: |
12 | * * * |
13 | (2) From the local share assessment established in |
14 | subsection (b), make quarterly distributions among the |
15 | counties hosting a licensed facility in accordance with the |
16 | following schedule: |
17 | * * * |
18 | (iv) * * * |
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1 | (B) If the facility is a Category 3 licensed |
2 | facility located in a county of the second class A, |
3 | 2% of the gross terminal revenue from the licensed |
4 | facility shall be [deposited into a restricted |
5 | receipts account to be established in the |
6 | Commonwealth Financing Authority to be used |
7 | exclusively for grants or guarantees for projects in |
8 | the host county that qualify under 64 Pa.C.S. §§ 1551 |
9 | (relating to Business in Our Sites Program), 1556 |
10 | (relating to Tax Increment Financing Guarantee |
11 | Program) and 1558 (relating to Water Supply and |
12 | Wastewater Infrastructure Program)] distributed to |
13 | the county hosting the licensed facility for the |
14 | purpose of supporting the maintenance and |
15 | refurbishment of parks and heritage sites throughout |
16 | the county. |
17 | * * * |
18 | Section 2. This act shall take effect in 60 days. |
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