Bill

Bill > H514


MA H514

Relative to creating a public advancement fund


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to creating a public advancement fund with monies transferred from registration and renewal fees from online gaming, daily fantasy sports, and online sports betting. Economic Development and Emerging Technologies.

AI Summary

This bill establishes a Public Advancement Fund that will be credited with registration and renewal fees from online gaming, daily fantasy sports, and online sports betting. Fifty percent of the funds received will be appropriated for transportation services to supplement, not offset, any reduction in line item 5911 from the previous fiscal year's general appropriation act. The remaining fifty percent will be appropriated for K-12 education to supplement, not offset, any reduction in line item 7061-0008 from the previous fiscal year's general appropriation act.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a new draft, see H3974 (on 07/19/2021)

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