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Bill > H522


MA H522

Relative to the Community Preservation Trust 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

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 percentage of daily gross gaming revenue allocated to the Race Horse Development Fund from 9% to 4.5%, and allocate the remaining 4.5% to the Community Preservation Trust Fund.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Accompanied a study order, see H5004 (on 08/22/2022)

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