| CORRECTIVE REPRINT |
| PRIOR PRINTER'S NO. 201 | PRINTER'S NO. 203 |
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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY EARLL, SCARNATI, VANCE, M. WHITE, BROWNE, PICCOLA, ERICKSON, D. WHITE, ROBBINS, ORIE, WAUGH, WONDERLING, RAFFERTY AND BOSCOLA, FEBRUARY 17, 2009 |
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| REFERRED TO COMMUNITY, ECONOMIC AND RECREATIONAL DEVELOPMENT, FEBRUARY 17, 2009 |
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| AN ACT |
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1 | Amending the act of July 25, 2007 (P.L.342, No.53), entitled "An |
2 | act providing for the Pennsylvania Gaming Economic |
3 | Development and Tourism Fund Capital Budget for 2007; |
4 | itemizing projects to be assisted by the Department of |
5 | Community and Economic Development, together with their |
6 | estimated financial costs; authorizing recurring payments for |
7 | certain projects; and making appropriations," further |
8 | providing for limitation on expenditures. |
9 | The General Assembly of the Commonwealth of Pennsylvania |
10 | hereby enacts as follows: |
11 | Section 1. Section 5 of the act of July 25, 2007 (P.L.342, |
12 | No.53), known as the Pennsylvania Gaming Economic Development |
13 | and Tourism Fund Capital Budget Itemization Act of 2007, is |
14 | amended to read: |
15 | Section 5. Limitation on expenditures. |
16 | (a) General rule.--Beginning in fiscal year 2007-2008, it |
17 | shall be mandatory, not directory, that payments made pursuant |
18 | to section 4(1), (2), (3), (5), (6), (7) and (8) shall be made |
19 | each year from the Pennsylvania Gaming Economic Development and |
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1 | Tourism Fund by the Department of Community and Economic |
2 | Development. In such years that it is determined for any reason |
3 | that there are not sufficient funds to make these mandatory |
4 | payments, each mandatory payment shall be proportionately |
5 | reduced in an amount equal to the shortfall in the Pennsylvania |
6 | Gaming Economic Development and Tourism Fund. Total expenditures |
7 | under this act for the projects referred to in section 4 shall |
8 | not exceed the total amount authorized for each project in |
9 | section 3. |
10 | (b) Contingent distribution for projects in cities of the |
11 | first class.--Notwithstanding the provisions of 4 Pa.C.S. § |
12 | 1407(b) (relating to Pennsylvania Gaming Economic Development |
13 | and Tourism Fund), the act of July 9, 2008 (P.L.908, No.63), |
14 | known as the H20 PA Act, or this act, no moneys shall be |
15 | distributed from the Pennsylvania Gaming Economic Development |
16 | and Tourism Fund for any project under section 3(51)(i)(A) of |
17 | this act until such time as the two Category 2 licensed |
18 | facilities within a city of the first class as provided for |
19 | under 4 Pa.C.S. § 1304(b)(1)(relating to Category 2 slot machine |
20 | license) are operating and generating gross terminal revenues as |
21 | certified by the Secretary of Revenue to the State Treasurer. |
22 | Section 2. This act shall take effect immediately. |
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