LD 1573
pg. 9
Page 8 of 10 An Act To Authorize a Tribal Commercial Track and Slot Machines in Washington C... Page 10 of 10
Download Bill Text
LR 1964
Item 1

 
H. Four percent of the total gross slot machine income must
be forwarded by the board to the Treasurer of State, who shall
credit the money to the Fund to Encourage Racing at Maine's
Commercial Tracks, established in section 299, except that the
percentage from a tribal commercial track allocated in
accordance with this paragraph must be credited by the
Treasurer of State to the Tribal Commercial Track Development
Fund established in section 300-A; however, the payment
required by this paragraph to be deposited into the fund
established by section 299 is terminated when all commercial
tracks have obtained a license to operate slot machines in
accordance with this chapter;

 
I. Two percent of the total gross slot machine income,
except income from slot machines operated at a tribal
commercial track, must be forwarded by the board to the
Treasurer of State, who shall credit the money to the Fund
to Stabilize Off-track Betting Facilities established by
section 300, as long as a facility has conducted off-track
wagering operations for a minimum of 250 days during the
preceding 12-month period in which the first payment to the
fund is required. After 48 months of receiving an
allocation of the total gross slot machine income from a
licensed operator, the percent of total slot machine income
forwarded to the Fund to Stabilize Off-track Betting
Facilities is reduced to 1% with the remaining 1% to be
forwarded to the State in accordance with subsection 1; and

 
J. One percent of the total gross slot machine income must
be forwarded directly to the municipality in which the slot
machines are located.;

 
K.__One percent of the total gross slot machine income from
a tribal commercial track must be forwarded directly to the
Washington County Development Authority; and

 
L.__One percent of the total gross slot machine income from
a tribal commercial track must be forwarded directly to the
career and technical education centers located in Washington
County.

 
Sec. 21. 17 MRSA §314-A, sub-§5-A is enacted to read:

 
5-A.__Games on nontribal land.__Notwithstanding subsection 5,
upon proper application, the department may issue a high-stakes
beano license to a federally recognized Indian tribe to operate
games on nontribal land in Washington County.__The department may
issue a high-stakes beano license in accordance


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