LD 1371
pg. 4
Page 3 of 20 An Act To Allow Slot Machines at Commercial Horse Racing Tracks Page 5 of 20
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LR 2024
Item 1

 
days conducted by the commercial track during the preceding time
period and the denominator of which is the total number of race
days conducted by all commercial tracks licensed to operate slot
machines under section 911 during that time period.__The payment
in January must be adjusted so that for the prior 3 time periods
each commercial track receives that fraction of the total money
distributed over the full year from the fund established by this
section, the amount determined by multiplying the total amount
of money times a fraction, the numerator of which is the number
of live race days conducted by the commercial track during the
calendar year and the denominator of which is the total number
of race days conducted by all commercial tracks licensed to
operate slot machines under section 911 during that calendar
year.__The funds distributed pursuant to this section must be
used to supplement harness racing purses.

 
3. Rules.__The commission may adopt rules to enforce the
obligation of licensees to use funds distributed under this
section to supplement harness racing purses and to require
licensees to account for funds.

 
§297. Working capital advance

 
The commission is authorized to establish an advance to the
commission from any licensee under section 911 in an amount of
up to $250,000 to fund any necessary start-up costs associated
with the implementation of a system of slot machines in the
State pursuant to chapter 30.__Funds advanced for this purpose
must be credited against the licensee's obligation to pay the
first $250,000 to the commission under section 923.

 
Sec. 5. 8 MRSA c. 30 is enacted to read:

 
CHAPTER 30

 
SLOT MACHINES

 
SUBCHAPTER 1

 
GENERAL PROVISIONS

 
§901. Definitions

 
As used in this chapter, unless the context otherwise
indicates, the following terms have the following meanings.

 
1. Associated equipment.__"Associated equipment" means any
proprietary device, machine or part used in the manufacture or
maintenance of a slot machine, including, but not limited to,
integrated circuit chips, printed wire assemblies, printed
wire


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