LD 1169
pg. 19
Page 18 of 32 An Act To Permit Video Gaming for Money Conducted by Nonprofit Organizations ... Page 20 of 32
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LR 985
Item 1

 
3.__Use of state share.__At the end of each fiscal year
beginning after June 30, 2007, the Treasurer of State shall
transfer to the Local Government Fund created in Title 30-A,
section 5681 an amount equal to 50% of the state share of net
terminal income derived from video gaming terminals during that
fiscal year, net of state administrative costs.__Not later than
30 days after the end of each fiscal year, the Treasurer of State
shall issue to municipalities that host an organization licensed
to operate video lottery terminals all unexpended amounts of the
state share, in proportion to the amount generated by video
lottery terminals operated in that municipality.

 
4.__Failure to deposit funds.__A licensee who willfully fails
to comply with this section commits a Class C crime.__The license
of that person may be revoked by the District Court, and the
video gaming terminals to which the undeposited funds are
attributable may be disabled by the director at the direction of
the Chief of the State Police.

 
5.__Late payments.__All payments not remitted when due must be
paid together with a penalty assessment on the unpaid balance at
a rate of 1.5% per month.

 
§384.__Video Gaming Fund

 
1.__Fund created.__There is established the Video Gaming Fund.__
The fund consists of all revenue payable to the State pursuant to
sections 376 and 383 and all other money credited or transferred
to the fund from any other fund or source pursuant to law.

 
2.__Use of money.__The money in the Video Gaming Fund may be
used only:

 
A.__For expenses incurred in implementing or enforcing this
chapter that do not exceed 10% of the fund; and

 
B.__For payment to the Local Government Fund pursuant to
section 383.

 
SUBCHAPTER 4

 
ENFORCEMENT AND PENALTIES

 
§391.__Reports; records

 
1.__Reports; records.__The Chief of the State Police or the
director shall require from any licensed video gaming terminal,
manufacturer, wholesaler or licensee whatever records and reports
the chief or the director considers necessary for the
administration and enforcement of this chapter.


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