THE GENERAL ASSEMBLY OF PENNSYLVANIA

SENATE BILL

INTRODUCED BY EARLL, ORIE, RAFFERTY, M. WHITE, SOLOBAY AND BOSCOLA, OCTOBER 4, 2011

REFERRED TO COMMUNITY, ECONOMIC AND RECREATIONAL DEVELOPMENT, OCTOBER 4, 2011  

AN ACT

Amending Title 4 (Amusements) of the Pennsylvania Consolidated

Statutes, in table games, further providing for local share

assessment; and, in revenues, further providing for

establishment of State Gaming Fund and new slot machine

revenue distribution.

The General Assembly of the Commonwealth of Pennsylvania

hereby enacts as follows:

Section 1.  Sections 13A63(a) and 1403(b) of Title 4 of the

Pennsylvania Consolidated Statutes are amended to read:

§ 13A63.  Local share assessment.

(a)  Required payment.--In addition to the tax imposed under

section 13A62 (relating to table game taxes), each certificate

holder shall pay on a weekly basis and on a form and in a manner

prescribed by the department a local share assessment into a

restricted receipts account established within the fund. All

funds owed under this section shall be held in trust by the

certificate holder until the funds are paid into the account.

Funds in the account are hereby appropriated to the department

on a continuing basis for the purposes set forth in this

section, except that the funds may not be used for the

development or relocation of a licensed facility or licensed

racetrack.

* * *

§ 1403.  Establishment of State Gaming Fund and net slot machine

revenue distribution.

* * *

(b)  Slot machine tax.--The department shall determine and

each slot machine licensee shall pay a daily tax of 34% from its

daily gross terminal revenue from the slot machines in operation

at its facility and a local share assessment as provided in

subsection (c). All funds owed to the Commonwealth, a county or

a municipality under this section shall be held in trust by the

licensed gaming entity for the Commonwealth, the county and the

municipality until the funds are paid or transferred to the

fund. Unless otherwise agreed to by the board, a licensed gaming

entity shall establish a separate bank account to maintain  

gross terminal revenue until such time as the funds are paid or

transferred under this section. Moneys in the fund are hereby

appropriated to the department on a continuing basis for the

purposes set forth in subsection (c), except that the moneys may

not be used for the development or relocation of a licensed

facility or licensed racetrack.

* * *

Section 2.  This act shall take effect in 60 days.