Amendment #2 to H3505

Massachusetts Cultural Council Gaming Revenue Trust Fund

Ms. Keefe of Worcester moves to amend the bill by adding the following section:

"SECTION XXXX. 2 per cent of revenues to a new Gaming Revenue Trust account, established by the Comptroller within the Massachusetts cultural council, and not subject to appropriation, of which one-quarter of the revenues received shall be dedicated to the organization support program of the Massachusetts cultural council and three-quarters of revenues shall be dedicated to support not-for-profit and municipally-owned performing arts centers impacted as a result of the operation of gaming facilities; provided, however, that funds dedicated to such performing arts centers shall be to subsidize fees paid to touring shows or artists; and provided further, that funding shall be distributed through a competitive grant process to be developed and administered by the Massachusetts cultural council provided, that notwithstanding any general or special law to the contrary, the Gaming Revenue Trust account shall not be subject to a charge for indirect costs or fringe benefit costs by the comptroller pursuant to section 5D of chapter 29.”