A00979
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
965
Session of
2017
INTRODUCED BY MASSER, JAMES, MILLARD, HELM, PICKETT, BARRAR,
RYAN, WARD, SAYLOR AND WHEELAND, MARCH 27, 2017
REFERRED TO COMMITTEE ON GAMING OVERSIGHT, MARCH 27, 2017
AN ACT
Amending Title 4 (Amusements) of the Pennsylvania Consolidated
Statutes, in miscellaneous provisions, further providing for
repayments to State Gaming Fund.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1901.1 of Title 4 of the Pennsylvania
Consolidated Statutes is amended to read:
ยง 1901.1. Repayments to State Gaming Fund.
[The] Beginning July 1, 2017, the board shall [defer
assessing] assess slot machine licensees for payments to the
State Gaming Fund [for any loans made to the State Gaming Fund
[until such time as all slot machine licenses have been issued
and all licensed gaming entities have commenced the operation of
slot machines] in an ag g regate amount equal to the money
considered loans from the General Fund under se ction 1901
(relating to appropriations). The board shall adopt a repayment
schedule that assesses to each slot machine licensee costs for
the repayment of any such loans in an amount that is
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proportional to each slot machine licensee's gross terminal
revenue[.], provided that full repayment of all loans made to
the State Gaming Fund be paid by July 1, 2022.
Section 2. This act shall take effect immediately.
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