Amendment #552 to H4000

SIMPLYFYING & ENHANCING LOCAL AID (SETTLE)

Representatives Jones of North Reading, Peterson of Grafton, Hill of Ipswich, Poirier of North Attleborough, deMacedo of Plymouth, Wong of Saugus, Fattman of Sutton, Hunt of Sandwich, Kuros of Uxbridge, Gifford of Wareham, Diehl of Whitman, Howitt of Seekonk, Smola of Warren, Vieira of Falmouth, Barrows of Mansfield, Mirra of West Newbury, Boldyga of Southwick, Dooley of Norfolk, Orrall of Lakeville, O'Connell of Taunton, Beaton of Shrewsbury, D'Emilia of Bridgewater, Ferguson of Holden, Harrington of Groton, Frost of Auburn and Lyons of Andover move to amend the bill by adding the following sections:-

“SECTION XX. Section 25 of chapter 10 of the General Laws, as appearing in the 2012 Official Edition, is hereby amended by striking “budgeted aid to cities and towns as provided in section 18C of chapter 58, subject to appropriation” and inserting in place thereof the following:-

“unrestricted aid to cities and towns as provided in section 18C of chapter 58”

SECTION XX. Section 35 of chapter 10 of the General Laws, as so appearing, is hereby amended in lines 6 to 20, inclusive, by striking out the paragraph in those lines and inserting in place thereof the following paragraph:-

“In order to provide local property tax relief and continue services at the local level, revenues of the lottery commission from whatever source shall be expended as follows:

(a) For the payment of prizes to the holders of winning lottery tickets or shares;

(b) For the expenses of the commission in administering and operating the lottery, as certified by the secretary of administration and finance, provided that the state treasurer shall transfer the certified amount to the General Fund for said purposes;

(c) Any remaining amount of such revenues of the lottery commission, after amounts made available in subsections (a) and (b), shall be for unrestricted aid to cities and towns as provided in section 18C of chapter 58; provided, however, that if the total amount of such remaining revenues is less than $945,750,000 for a fiscal year, the difference shall be supplemented from the amounts transferred to the Commonwealth Stabilization Fund under the third paragraph of section 2H of chapter 29; provided further, however, if such amounts transferred to the Commonwealth Stabilization Fund are inadequate to satisfy such difference, the difference shall be transferred from the General Fund and the Commonwealth Stabilization Fund, proportionately; and,

(d) For the purposes of accommodating discrepancies between the receipt of revenues and related expenditures, the commission may incur expenses and the comptroller may certify for payment expenses incurred in anticipation of revenues.”.