Sen. Laura M. Murphy
Filed: 1/12/2017
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1 | AMENDMENT TO SENATE BILL 7
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2 | AMENDMENT NO. ______. Amend Senate Bill 7, on page 436, | ||||||
3 | immediately above line 24, by inserting the following:
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4 | " (b-4) Beginning on August 1, 2017 and ending on July 31, | ||||||
5 | 2042, from the tax revenue deposited in the State Gaming Fund | ||||||
6 | under this Section, $5,000,000 shall be paid annually, subject
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7 | to appropriation, to the host municipality of an owners | ||||||
8 | licensee of a license issued or re-issued pursuant to Section
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9 | 7.1 of this Act before January 1, 2012. Payments received by | ||||||
10 | the host municipality pursuant to this subsection (b-4) may not | ||||||
11 | be shared with any other unit of local government. ".
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