HOUSE DOCKET, NO. 115 FILED ON: 1/13/2021
HOUSE . . . . . . . . . . . . . . . No. 514
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The Commonwealth of Massachusetts
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PRESENTED BY:
Bradford Hill
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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 adoption of the accompanying bill:
An Act relative to creating a public advancement fund.
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PETITION OF:
Name: | District/Address: | Date Added: |
Bradford Hill | 4th Essex | 1/13/2021 |
HOUSE DOCKET, NO. 115 FILED ON: 1/13/2021
HOUSE . . . . . . . . . . . . . . . No. 514
By Mr. Hill of Ipswich, a petition (accompanied by bill, House, No. 514) of Bradford Hill relative to creating a public advancement fund with monies transferred from registration and renewal fees from online gaming, daily fantasy sports, and online sports betting. Economic Development and Emerging Technologies. |
[SIMILAR MATTER FILED IN PREVIOUS SESSION
SEE HOUSE, NO. 375 OF 2019-2020.]
The Commonwealth of Massachusetts
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In the One Hundred and Ninety-Second General Court
(2021-2022)
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An Act relative to creating a public advancement fund.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
Chapter 23K of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by inserting after Section 71 the following section:
“Section 72. There shall be established and set up on the books of the commonwealth a fund to be known as the Public Advancement Fund. The fund shall be credited with any monies transferred from all registration and renewal fees from online gaming, daily fantasy sports, and online sports betting. Expenditures from the fund shall be subject to appropriation; provided, however that 50 per cent of the funds received shall be appropriated for the purposes of transportation services to supplement, and not offset, any reduction in line item 5911-2000 of the general appropriation act from the previous fiscal year’s general appropriation act; and provided further, that the remaining 50 per cent of the funds received shall be appropriated for the purposes of K-12 education and shall be used to supplement, and not offset, any reduction in line-item 7061-0008 of the general appropriation act from the previous fiscal year’s general appropriation act.