Amendment ID: S2844-9
Amendment 9
Equitable Distribution of Funds
Messrs. Gomez, Collins, Brady and Hinds move that the proposed new text be amended by inserting after Section 30 the following new sections:-
"SECTION XX. There shall be established and set up on the books of the commonwealth a Sports Wagering Fund which shall receive revenues collected pursuant to sections 5, 6, 7, 13 and 14. The commission shall be the trustee of the fund and shall transfer monies in the fund as follows:
35 percent of the special tax collected shall be distributed to the General Fund.
Of the remaining 65 percent of the special tax collected, it shall be distributed as follows:
18 percent to Direct Impact Fund established in section 32;
10 percent to the Transformative Development Fund for Gateway Cities established in section 46 of chapter 23G;
10 percent to the Public Health Trust Fund established in section 58 of chapter 23K; and
5 percent to the Youth Development and Achievement Fund established in section 34;
5 percent to the Municipal Police Diversity Training Fund established in section 35;
5 percent to the Gaming Local Aid Fund established in section 63 of chapter 23K;
4 percent to the Distressed Restaurant Trust Fund established in section 33;
4 percent to the Sports Wagering Control Fund established in section 14 and;
3 percent to the Players’ Benevolence Fund established in section 2JJJJJ of chapter 29.
SECTION XX. There shall be established and set up on the books of the commonwealth a fund to be known as the Direct Impact Fund. The fund shall be credited any monies transferred under section 14 and all monies credited to or transferred to the fund from any other fund or source. Expenditures from the fund shall be subject to appropriation and shall be expended equally for the following purposes:
(1) For the purposes of providing unrestricted direct financial aid to municipalities based directly on the amount of money wagered within each municipality.
SECTION XX. There shall be established and set up on the books of the commonwealth a fund to be known as the Distressed Restaurant Fund. The fund shall be credited any monies transferred under section 14 and all monies credited to or transferred to the fund from any other fund or source. Expenditures from the fund shall be subject to appropriation and shall be expended equally for the following purposes:
(1) For the purposes of providing financial assistance to restaurants in the commonwealth impacted by the COVID-19 pandemic.
SECTION XX. There shall be established and set up on the books of the commonwealth a fund to be known as the Youth Development and Achievement Fund. The fund shall be credited any monies transferred under section 14 and all monies credited to or transferred to the fund from any other fund or source. Expenditures from the fund shall be subject to appropriation and shall be expended equally for the following purposes:
(1) For the purposes of providing financial assistance to students from the commonwealth enrolled in and pursuing a program of higher education in any approved public or independent college, university, school of nursing or any other approved institution furnishing a program of higher education; and
(2) For the purposes after school and out of school activities including, but not limited to, youth athletics and other activities that improve student health, literacy programs, academic tutoring, art, theater and music programs and community service programs.
SECTION XX. There shall be established and set up on the books of the commonwealth a fund to be known as the Municipal Police Reform Training Fund. The fund shall be credited any monies transferred under section 14 and all monies credited to or transferred to the fund from any other fund or source. Expenditures from the fund shall be subject to appropriation and shall be expended equally for the following purposes:
(1) For the purposes of providing financial assistance to municipal police departments for any approved training that include but not limited to diversity, anti-racism, implicit bias or de-escalation techniques.
By striking lines 421- 422 in their entirety; and
By striking subsection (e) of section 14 in its entirety and inserting in place thereof:-
(e) The commission shall annually assess and collect a $1,500,000 fee collected from among all operators divided in a manner to be determined by the commission. 2.5 percent of the fee collected pursuant to this subsection shall be deposited in the Direct Impact Fund established in section X of chapter 23N; and
By striking lines 421- 422 in their entirety.