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HOUSE DOCKET, NO. 206         FILED ON: 1/8/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3222

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Cleon H. Turner

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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 Amend Chapter 23K by adding after section 63, the following new section:.

_______________

PETITION OF:

 

Name:

District/Address:

Cleon H. Turner

1st Barnstable

Timothy R. Madden

Barnstable, Dukes and Nantucket


HOUSE DOCKET, NO. 206        FILED ON: 1/8/2013

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3222

By Mr. Turner of Dennis, a petition (accompanied by bill, House, No. 3222) of Cleon H. Turner and Timothy R. Madden relative to the distribution of funds to the Gaming Local Aid Fund and the Local Aid Stabilization Fund.  Ways and Means. 


The Commonwealth of Massachusetts
 

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In the Year Two Thousand Thirteen

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An Act Amend Chapter 23K by adding after section 63, the following new section:.
 

              Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

              SECTION _:  Beginning in the fifth year after the first year that the Gaming Local Aid Fund, created under section 63 of chapter 23K receives funds pursuant to chapter 59(e) of chapter 23K, in any year that the combination of funds in the Gaming Local Aid Fund and the Local Aid Stabilization Fund, created in Section 93 of this Act, totals more than $100,000,000, an amount of not more than $20,000,000 of the funds in the Local Aid Stabilization Fund shall be set aside to be added to the unrestricted local aid distributions to cities and towns that, through the normal distribution calculations, do not receive unrestricted local aid in an amount equal to at least ten percent of the revenues generated in such community for the Massachusetts State Lottery. If the amount so reserved is insufficient to bring all such communities up to ten percent of Lottery revenues generated, within such community then the reserved revenues shall be prorated among such communities to bring each as close to ten percent of revenues as possible. Regardless of the total combination of funds in the Gaming Local Aid Fund and the Local Aid Stabilization Fund, this section shall not apply in any year in which additional funds are added to the Gaming Local Aid Fund pursuant to section 59(f) of chapter 23K.

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