summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to increasing education funding from certain gaming activity proceeds. Economic Development and Emerging Technologies.
AI Summary
This bill aims to increase education funding from certain gaming activity proceeds. It would establish an Education Fund, which would be credited with monies transferred from other sources, including registration and renewal fees from online gaming, daily fantasy sports, and online sports betting. Thirty-five percent of the funds received would be appropriated for the purposes of higher education, supplementing and not offsetting any reduction in the general appropriation act from the previous fiscal year. Expenditures from the fund for K-12 education would also be used to supplement, and not offset, any reduction in the relevant line-item in the general appropriation act from the previous year.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Accompanied a new draft, see H3974 (on 07/19/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H515 |
| Bill | https://malegislature.gov/Bills/192/H515.pdf |
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