HOUSE DOCKET, NO. 206 FILED ON: 1/8/2013
HOUSE . . . . . . . . . . . . . . . No. 3222
The Commonwealth of Massachusetts
_________________
PRESENTED BY:
Cleon H. Turner
_______________
To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying:
An Act Amend Chapter 23K by adding after section 63, the following new section:.
_______________
PETITION OF:
Name: | District/Address: |
Cleon H. Turner | 1st Barnstable |
Timothy R. Madden | Barnstable, Dukes and Nantucket |
HOUSE DOCKET, NO. 206 FILED ON: 1/8/2013
HOUSE . . . . . . . . . . . . . . . No. 3222
By Mr. Turner of Dennis, a petition (accompanied by bill, House, No. 3222) of Cleon H. Turner and Timothy R. Madden relative to the distribution of funds to the Gaming Local Aid Fund and the Local Aid Stabilization Fund. Ways and Means. |
The Commonwealth of Massachusetts
An Act Amend Chapter 23K by adding after section 63, the following new section:.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION _: Beginning in the fifth year after the first year that the Gaming Local Aid Fund, created under section 63 of chapter 23K receives funds pursuant to chapter 59(e) of chapter 23K, in any year that the combination of funds in the Gaming Local Aid Fund and the Local Aid Stabilization Fund, created in Section 93 of this Act, totals more than $100,000,000, an amount of not more than $20,000,000 of the funds in the Local Aid Stabilization Fund shall be set aside to be added to the unrestricted local aid distributions to cities and towns that, through the normal distribution calculations, do not receive unrestricted local aid in an amount equal to at least ten percent of the revenues generated in such community for the Massachusetts State Lottery. If the amount so reserved is insufficient to bring all such communities up to ten percent of Lottery revenues generated, within such community then the reserved revenues shall be prorated among such communities to bring each as close to ten percent of revenues as possible. Regardless of the total combination of funds in the Gaming Local Aid Fund and the Local Aid Stabilization Fund, this section shall not apply in any year in which additional funds are added to the Gaming Local Aid Fund pursuant to section 59(f) of chapter 23K.
