S0711B1460A04218     AJM:JSL  10/03/09     #90        A04218

  

  

  

  

AMENDMENTS TO SENATE BILL NO. 711

Printer's No. 1460

  

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Amend Bill, page 159, line 8, by striking out the comma after

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"1402(A)" and inserting

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and

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Amend Bill, page 159, lines 8 and 9, by striking out ",

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1403(b)," in line 8 and "(c)(2)(i)(D) and (E) and (ii)(D) and

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(3)(v), 1405 and 1406(a)" in line 9

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Amend Bill, page 161, by inserting between lines 21 and 22

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Section 11.3.  Section 1403(b), (c)(2)(i)(D) and (E), (ii)(D)

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and (3)(v) of Title 4 are amended and the section is amended by

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adding a subsection to read:

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Amend Bill, page 162, line 8, by inserting a bracket before

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"The"

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Amend Bill, page 162, line 8, by inserting after "The"

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] Subject to the provisions of subsection (e), the

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Amend Bill, page 168, by inserting between lines 24 and 25

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(e)  Priority transfer for preservation of funding level for

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State Lottery Fund.--

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(1)  Prior to making any transfer or distribution under

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this section or section 1408 (relating to transfers from

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State Gaming Fund), the department shall annually determine

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the balance in the State Lottery Fund after payment, under

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section 311 of the act of August 26, 1971 (P.L.351, No.91),

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known as the State Lottery Law, of lottery prizes and

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operating expenses of the department relating thereto for the

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prior fiscal year and shall make the transfer under paragraph

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(2), if applicable.

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(2)  If such balance is less than the balance from the

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prior fiscal year determined in the same manner, the

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department shall transfer an amount equal to the difference

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between the balances from the State Gaming Fund to the State

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Lottery Fund.

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Section 11.4.  Sections 1405 and 1406(a) of Title 4 are

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amended to read:

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Amend Bill, page 176, line 22, by striking out "AND (C)" and

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inserting

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, (c) and (e)

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Amend Bill, page 177, by inserting between lines 23 and 24

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(e)  Transfer to Property Tax Relief Fund.--[Monthly]

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Annually, the State Treasurer shall transfer the remaining

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balance in the State Gaming Fund which is not otherwise

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transferred under section 1403(e) (relating to establishment of

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State Gaming Fund and net slot machine revenue distribution) and 

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allocated in subsections (a), (b), (c) and (d) to the Property

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Tax Relief Fund established in section 1409 (relating to

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Property Tax Relief Fund).

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