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Bill > H386


MA H386

Relative to the Community Preservation Trust Fund


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to redistribute Category II gaming license revenue between the Race Horse Development Fund and the Community Preservation Trust Fund. Economic Development and Emerging Technologies.

AI Summary

This bill proposes to redistribute the revenue from Category II gaming licenses between the Race Horse Development Fund and the Community Preservation Trust Fund. Specifically, it would reduce the amount of revenue going to the Race Horse Development Fund from 9% to 4.5% and allocate the remaining 4.5% to the Community Preservation Trust Fund. This change is intended to provide additional funding for community preservation initiatives through the Community Preservation Trust Fund.

Committee Categories

Business and Industry

Sponsors (12)

Last Action

Accompanied a study order, see H5107 (on 11/05/2020)

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