S0711B1460A04260     AJM:DM  10/03/09     #90        A04260

  

  

  

  

AMENDMENTS TO SENATE BILL NO. 711

Printer's No. 1460

  

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Amend Bill, page 2, line 23, by inserting after "trustee"

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 and for additional table game assessment

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Amend Bill, page 156, by inserting between lines 29 and 30

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§ 1363A.  Additional table game assessment.

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Amend Bill, page 159, by inserting between lines 7 and 8

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§ 1363A.  Additional table game assessment.

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(a)  Additional assessment.--An assessment in an amount equal

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to 1% of the daily gross table game revenue from each

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certificate holder shall be paid by each certificate holder,

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deposited in the State Gaming Fund and quarterly distributed to

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the county hosting the certificate holder in accordance with

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section 1403(c)(2), except when the certificate holder is

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located in a county of the first class in which case the amount

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shall be deposited in an escrow account established by an

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advisory committee organized and overseen by the board and

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distributed pursuant to subsection (b).

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(b)  Distributions from first class county escrow account.--

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The advisory committee shall adopt and file with the board

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procedures for distributions from an escrow account established

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for a first class county under subsection (a). All funds in an

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escrow account shall be distributed only to nonprofit

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organizations, and no funds may be distributed out of the county

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of the first class. No less than 70% of funds in the escrow

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account shall be distributed to nonprofit organizations for the

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benefit of the immediate vicinity of the licensed facility. The

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advisory committee shall submit a biannual report to the board

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on the distribution of funds from the escrow account.

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(c)  Advisory committee.--An advisory committee for an escrow

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account established for a first class county under subsection

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(a) shall be comprised of the following members:

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(1)  Two designees of the State Senator in whose district

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the licensed facility is located.

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(2)  Two designees of the State Representative in whose

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district the licensed facility is located.

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(3)  One designee of the municipal government.

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(4)  One designee of the municipal council.

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(5)  One designee of the licensed facility.

  

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