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Bill > HB1823
PA HB1823
PA HB1823In revenues, further providing for establishment of State Gaming Fund and net slot machine revenue distribution.
summary
Introduced
08/28/2025
08/28/2025
In Committee
08/28/2025
08/28/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
Amending Title 4 (Amusements) of the Pennsylvania Consolidated Statutes, in revenues, further providing for establishment of State Gaming Fund and net slot machine revenue distribution.
AI Summary
This bill modifies the distribution of gross terminal revenue (GTR) from slot machines in fourth-class counties in Pennsylvania, specifically changing how 2% of the GTR from licensed facilities located at harness racetracks will be allocated. Previously, the law mandated that this 2% would be distributed directly to municipalities within the county, with a complex formula calculating per-resident payments and placing limits on the total distributed amount. The new bill simplifies this by directing the entire 2% to be deposited into a restricted receipts account managed by the Commonwealth Financing Authority, which will then use these funds exclusively for grant projects benefiting municipalities within the host county. This change streamlines the revenue distribution process, potentially providing more flexible funding for local public interest projects. The bill will take effect 60 days after its enactment, and it specifically amends Section 1403(c)(2)(i)(E) of Title 4 of the Pennsylvania Consolidated Statutes, which governs gaming fund establishment and revenue distribution.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to Gaming Oversight (on 08/28/2025)
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