Sec. 1. 5 MRSA §12004-A, sub-§47 is enacted to read:

47.__Gambling $35/Day 8 MRSA__1002

Control Board

Sec. 2. 8 MRSA §1001, sub-§21, as enacted by PL 2003, c. 687, Pt. A, §5 and affected by Pt. B, §11, is amended to read:

21. Gross slot machine income. "Gross slot machine income" means the total value of money, tokens, credits or similar objects or things of value used to actually play a slot machine minus money, credits or prizes paid out to winners before payback is distributed to a player.

Sec. 3. 8 MRSA §1001, sub-§29-A is enacted to read:

29-A.__Net slot machine income.__"Net slot machine income" means money, tokens, credits or similar objects or things of value used to play a slot machine minus money, credits or prizes paid out to winners.

Sec. 4. 8 MRSA §1003, sub-§2, ¶Q, as enacted by PL 2003, c. 687, Pt. A, §5 and affected by Pt. B, §11, is amended to read:

Q. Certify monthly to the department a full and complete statement of all slot machine revenue, credits disbursed by licensees, administrative expenses and the allocation of gross slot machine income for the preceding month;

Sec. 5. 8 MRSA §1003, sub-§2, ¶R, as enacted by PL 2003, c. 687, Pt. A, §5 and affected by Pt. B, §11, is amended to read:

R. Submit by March 15th an annual report to the Governor and the joint standing committee of the Legislature having jurisdiction over gambling affairs on slot machine revenue, credits disbursed by slot machine operators, administrative expenses and the allocation of gross slot machine income for the preceding year;

Sec. 6. 8 MRSA §1011, sub-§4, as enacted by PL 2003, c. 687, Pt. A, §5 and affected by Pt. B, §11, is amended to read:

4. Requirement for license; agreement with municipality where slot machines are located. A slot machine operator shall enter into an agreement with the municipality where the slot machine operator's slot machines are located that provides for revenue sharing or other compensation, including, but not limited to, a provision requiring the preparation, in conjunction with