§ 42-61.2-7 Division of revenue.[Effective until June 30, 2009.]. – (a) Notwithstanding the provisions of § 42-61-15, the allocation of netterminal income derived from video lottery games is as follows:
(1) For deposit in the general fund and to the state lotterydivision fund for administrative purposes: Net terminal income not otherwisedisbursed in accordance with subdivisions (a)(2) – (a)(7) herein;
(i) Except for the fiscal year ending June 30, 2008, nineteenone hundredths of one percent (0.19%) up to a maximum of twenty million dollars($20,000,000) shall be equally allocated to the distressed communities asdefined in § 45-13-12 provided that no eligible community shall receivemore than twenty-five percent (25%) of that community's currently enactedmunicipal budget as its share under this specific subsection. Distributionsmade under this specific subsection are supplemental to all other distributionsmade under any portion of general laws § 45-13-12. For the fiscal yearending June 30, 2008 distributions by community shall be identical to thedistributions made in the fiscal year ending June 30, 2007 and shall be madefrom general appropriations. For the fiscal year ending June 30, 2009, thetotal state distribution shall be the same total amount distributed in thefiscal year ending June 30, 2008 and shall be made from general appropriations.
(ii) Five one hundredths of one percent (0.05%) up to amaximum of five million dollars ($5,000,000) shall be appropriated to propertytax relief to fully fund the provisions of § 44-33-2.1. The maximum creditdefined in subdivision 44-33-9(2) shall increase to the maximum amount to thenearest five dollar ($5.00) increment within the allocation until a maximumcredit of five hundred dollars ($500) is obtained. In no event shall theexemption in any fiscal year be less than the prior fiscal year.
(iii) One and twenty-two one hundredths of one percent(1.22%) to fund § 44-34.1-1, entitled "Motor Vehicle and Trailer ExciseTax Elimination Act of 1998", to the maximum amount to the nearest two hundredfifty dollar ($250) increment within the allocation. In no event shall theexemption in any fiscal year be less than the prior fiscal year.
(iv) Except for the fiscal year ending June 30, 2008, ten onehundredths of one percent (0.10%) to a maximum of ten million dollars($10,000,000) for supplemental distribution to communities not included inparagraph (a)(1)(i) above distributed proportionately on the basis of generalrevenue sharing distributed for that fiscal year. For the fiscal year endingJune 30, 2008 distributions by community shall be identical to thedistributions made in the fiscal year ending June 30, 2007 and shall be madefrom general appropriations. For the fiscal year ending June 30, 2009, thetotal state distribution shall be the same total amount distributed in thefiscal year ending June 30, 2008 and shall be made from general appropriations.
(2) To the licensed video lottery retailer:
(a) Prior to the effective date of the NGJA Master Contract,Newport Jai Ali twenty-six percent (26%) minus three hundred eighty fourthousand nine hundred ninety-six dollars ($384,996);
(ii) On and after the effective date of the NGJA MasterContract, to the licensed video lottery retailer who is a party to the NGJAMaster Contract, all sums due and payable under said Master Contract minusthree hundred eighty four thousand nine hundred ninety-six dollars ($384,996).
(b) Prior to the effective date of the UTGR Master Contract,to the present licensed video lottery retailer at Lincoln Park which is not aparty to the UTGR Master Contract, twenty-eight and eighty-five one hundredthspercent (28.85%) minus seven hundred sixty-seven thousand six hundredeighty-seven dollars ($767,687);
(ii) On and after the effective date of the UTGR MasterContract, to the licensed video lottery retailer who is a party to the UTGRMaster Contract, all sums due and payable under said Master Contract minusseven hundred sixty-seven thousand six hundred eighty-seven dollars ($767,687).
(3) To the technology providers who are not a party to theGTECH Master Contract as set forth and referenced in Public Law 2003, Chapter32, seven percent (7%) of the net terminal income of the provider's terminals;
(ii) To contractors who are a party to the Master Contract asset forth and referenced in Public Law 2003, Chapter 32, all sums due andpayable under said Master Contract;
(iii) Notwithstanding paragraphs (i) and (ii) above, thereshall be subtracted proportionately from the payments to technology providersthe sum of six hundred twenty-eight thousand seven hundred thirty-seven dollars($628,737);
(4) To the city of Newport one and one hundredth percent(1.01%) of net terminal income of authorized machines at Newport Grand exceptthat upon passage [May 6, 2008] the allocation shall be one and twotenths percent (1.2%) of net terminal income of authorized machines at NewportGrand for each week the facility operates video lottery games on a twenty-four(24) hour basis for all eligible hours authorized in § 42-61.2-6(b) and tothe town of Lincoln one and twenty-six hundreths (1.26%) of net terminal incomeof authorized machines at Lincoln Park except that upon passage [May 6,2008] the allocation shall be one and forty-five hundredths percent(1.45%) of net terminal income of authorized machines at Lincoln Park for eachweek the facility operates video lottery games on a twenty-four (24) hour basisfor all eligible hours authorized in § 42-61.2-6(b);
(5) To the Narragansett Indian Tribe, seventeen hundredths ofone percent (0.17%) of net terminal income of authorized machines at LincolnPark up to a maximum of ten million dollars ($10,000,000) per year, which shallbe paid to the Narragansett Indian Tribe for the account of a TribalDevelopment Fund to be used for the purpose of encouraging and promoting: homeownership and improvement, elderly housing, adult vocational training; healthand social services; childcare; natural resource protection; and economicdevelopment consistent with state law. Provided, however, such distributionshall terminate upon the opening of any gaming facility in which theNarragansett Indians are entitled to any payments or other incentives; andprovided further, any monies distributed hereunder shall not be used for, orspent on previously contracted debts; and
(6) To the permanent school fund established in chapter 16-4the additional revenue accruing to the state as the direct result of theadditional hours authorized by this act net of the additional revenue to thecity of Newport and the Town of Lincoln resulting directly from the additionalhours authorized under this act, not to exceed fourteen million one hundredthousand dollars ($14,100,000) by June 30, 2009, to be allocated as aid tolocal education authorities as determined by the general assembly for fiscalyear 2009, notwithstanding the provisions of chapter 16-4 of the Rhode IslandGeneral Laws.
(7) Unclaimed prizes and credits shall remit to the generalfund of the state;
(8) Payments into the state's general fund specified insubdivisions (a)(1) and (a)(7) shall be made on an estimated monthly basis.Payment shall be made on the tenth day following the close of the month exceptfor the last month when payment shall be on the last business day.
§ 42-61.2-7 Division of revenue.[Effective until June 30, 2009.]. – (a) Notwithstanding the provisions of § 42-61-15, the allocation of netterminal income derived from video lottery games is as follows:
(1) For deposit in the general fund and to the state lotterydivision fund for administrative purposes: Net terminal income not otherwisedisbursed in accordance with subdivisions (a)(2) – (a)(7) herein;
(i) Except for the fiscal year ending June 30, 2008, nineteenone hundredths of one percent (0.19%) up to a maximum of twenty million dollars($20,000,000) shall be equally allocated to the distressed communities asdefined in § 45-13-12 provided that no eligible community shall receivemore than twenty-five percent (25%) of that community's currently enactedmunicipal budget as its share under this specific subsection. Distributionsmade under this specific subsection are supplemental to all other distributionsmade under any portion of general laws § 45-13-12. For the fiscal yearending June 30, 2008 distributions by community shall be identical to thedistributions made in the fiscal year ending June 30, 2007 and shall be madefrom general appropriations. For the fiscal year ending June 30, 2009, thetotal state distribution shall be the same total amount distributed in thefiscal year ending June 30, 2008 and shall be made from general appropriations.
(ii) Five one hundredths of one percent (0.05%) up to amaximum of five million dollars ($5,000,000) shall be appropriated to propertytax relief to fully fund the provisions of § 44-33-2.1. The maximum creditdefined in subdivision 44-33-9(2) shall increase to the maximum amount to thenearest five dollar ($5.00) increment within the allocation until a maximumcredit of five hundred dollars ($500) is obtained. In no event shall theexemption in any fiscal year be less than the prior fiscal year.
(iii) One and twenty-two one hundredths of one percent(1.22%) to fund § 44-34.1-1, entitled "Motor Vehicle and Trailer ExciseTax Elimination Act of 1998", to the maximum amount to the nearest two hundredfifty dollar ($250) increment within the allocation. In no event shall theexemption in any fiscal year be less than the prior fiscal year.
(iv) Except for the fiscal year ending June 30, 2008, ten onehundredths of one percent (0.10%) to a maximum of ten million dollars($10,000,000) for supplemental distribution to communities not included inparagraph (a)(1)(i) above distributed proportionately on the basis of generalrevenue sharing distributed for that fiscal year. For the fiscal year endingJune 30, 2008 distributions by community shall be identical to thedistributions made in the fiscal year ending June 30, 2007 and shall be madefrom general appropriations. For the fiscal year ending June 30, 2009, thetotal state distribution shall be the same total amount distributed in thefiscal year ending June 30, 2008 and shall be made from general appropriations.
(2) To the licensed video lottery retailer:
(a) Prior to the effective date of the NGJA Master Contract,Newport Jai Ali twenty-six percent (26%) minus three hundred eighty fourthousand nine hundred ninety-six dollars ($384,996);
(ii) On and after the effective date of the NGJA MasterContract, to the licensed video lottery retailer who is a party to the NGJAMaster Contract, all sums due and payable under said Master Contract minusthree hundred eighty four thousand nine hundred ninety-six dollars ($384,996).
(b) Prior to the effective date of the UTGR Master Contract,to the present licensed video lottery retailer at Lincoln Park which is not aparty to the UTGR Master Contract, twenty-eight and eighty-five one hundredthspercent (28.85%) minus seven hundred sixty-seven thousand six hundredeighty-seven dollars ($767,687);
(ii) On and after the effective date of the UTGR MasterContract, to the licensed video lottery retailer who is a party to the UTGRMaster Contract, all sums due and payable under said Master Contract minusseven hundred sixty-seven thousand six hundred eighty-seven dollars ($767,687).
(3) To the technology providers who are not a party to theGTECH Master Contract as set forth and referenced in Public Law 2003, Chapter32, seven percent (7%) of the net terminal income of the provider's terminals;
(ii) To contractors who are a party to the Master Contract asset forth and referenced in Public Law 2003, Chapter 32, all sums due andpayable under said Master Contract;
(iii) Notwithstanding paragraphs (i) and (ii) above, thereshall be subtracted proportionately from the payments to technology providersthe sum of six hundred twenty-eight thousand seven hundred thirty-seven dollars($628,737);
(4) To the city of Newport one and one hundredth percent(1.01%) of net terminal income of authorized machines at Newport Grand exceptthat upon passage [May 6, 2008] the allocation shall be one and twotenths percent (1.2%) of net terminal income of authorized machines at NewportGrand for each week the facility operates video lottery games on a twenty-four(24) hour basis for all eligible hours authorized in § 42-61.2-6(b) and tothe town of Lincoln one and twenty-six hundreths (1.26%) of net terminal incomeof authorized machines at Lincoln Park except that upon passage [May 6,2008] the allocation shall be one and forty-five hundredths percent(1.45%) of net terminal income of authorized machines at Lincoln Park for eachweek the facility operates video lottery games on a twenty-four (24) hour basisfor all eligible hours authorized in § 42-61.2-6(b);
(5) To the Narragansett Indian Tribe, seventeen hundredths ofone percent (0.17%) of net terminal income of authorized machines at LincolnPark up to a maximum of ten million dollars ($10,000,000) per year, which shallbe paid to the Narragansett Indian Tribe for the account of a TribalDevelopment Fund to be used for the purpose of encouraging and promoting: homeownership and improvement, elderly housing, adult vocational training; healthand social services; childcare; natural resource protection; and economicdevelopment consistent with state law. Provided, however, such distributionshall terminate upon the opening of any gaming facility in which theNarragansett Indians are entitled to any payments or other incentives; andprovided further, any monies distributed hereunder shall not be used for, orspent on previously contracted debts; and
(6) To the permanent school fund established in chapter 16-4the additional revenue accruing to the state as the direct result of theadditional hours authorized by this act net of the additional revenue to thecity of Newport and the Town of Lincoln resulting directly from the additionalhours authorized under this act, not to exceed fourteen million one hundredthousand dollars ($14,100,000) by June 30, 2009, to be allocated as aid tolocal education authorities as determined by the general assembly for fiscalyear 2009, notwithstanding the provisions of chapter 16-4 of the Rhode IslandGeneral Laws.
(7) Unclaimed prizes and credits shall remit to the generalfund of the state;
(8) Payments into the state's general fund specified insubdivisions (a)(1) and (a)(7) shall be made on an estimated monthly basis.Payment shall be made on the tenth day following the close of the month exceptfor the last month when payment shall be on the last business day.
§ 42-61.2-7 Division of revenue.[Effective until June 30, 2009.]. – (a) Notwithstanding the provisions of § 42-61-15, the allocation of netterminal income derived from video lottery games is as follows:
(1) For deposit in the general fund and to the state lotterydivision fund for administrative purposes: Net terminal income not otherwisedisbursed in accordance with subdivisions (a)(2) – (a)(7) herein;
(i) Except for the fiscal year ending June 30, 2008, nineteenone hundredths of one percent (0.19%) up to a maximum of twenty million dollars($20,000,000) shall be equally allocated to the distressed communities asdefined in § 45-13-12 provided that no eligible community shall receivemore than twenty-five percent (25%) of that community's currently enactedmunicipal budget as its share under this specific subsection. Distributionsmade under this specific subsection are supplemental to all other distributionsmade under any portion of general laws § 45-13-12. For the fiscal yearending June 30, 2008 distributions by community shall be identical to thedistributions made in the fiscal year ending June 30, 2007 and shall be madefrom general appropriations. For the fiscal year ending June 30, 2009, thetotal state distribution shall be the same total amount distributed in thefiscal year ending June 30, 2008 and shall be made from general appropriations.
(ii) Five one hundredths of one percent (0.05%) up to amaximum of five million dollars ($5,000,000) shall be appropriated to propertytax relief to fully fund the provisions of § 44-33-2.1. The maximum creditdefined in subdivision 44-33-9(2) shall increase to the maximum amount to thenearest five dollar ($5.00) increment within the allocation until a maximumcredit of five hundred dollars ($500) is obtained. In no event shall theexemption in any fiscal year be less than the prior fiscal year.
(iii) One and twenty-two one hundredths of one percent(1.22%) to fund § 44-34.1-1, entitled "Motor Vehicle and Trailer ExciseTax Elimination Act of 1998", to the maximum amount to the nearest two hundredfifty dollar ($250) increment within the allocation. In no event shall theexemption in any fiscal year be less than the prior fiscal year.
(iv) Except for the fiscal year ending June 30, 2008, ten onehundredths of one percent (0.10%) to a maximum of ten million dollars($10,000,000) for supplemental distribution to communities not included inparagraph (a)(1)(i) above distributed proportionately on the basis of generalrevenue sharing distributed for that fiscal year. For the fiscal year endingJune 30, 2008 distributions by community shall be identical to thedistributions made in the fiscal year ending June 30, 2007 and shall be madefrom general appropriations. For the fiscal year ending June 30, 2009, thetotal state distribution shall be the same total amount distributed in thefiscal year ending June 30, 2008 and shall be made from general appropriations.
(2) To the licensed video lottery retailer:
(a) Prior to the effective date of the NGJA Master Contract,Newport Jai Ali twenty-six percent (26%) minus three hundred eighty fourthousand nine hundred ninety-six dollars ($384,996);
(ii) On and after the effective date of the NGJA MasterContract, to the licensed video lottery retailer who is a party to the NGJAMaster Contract, all sums due and payable under said Master Contract minusthree hundred eighty four thousand nine hundred ninety-six dollars ($384,996).
(b) Prior to the effective date of the UTGR Master Contract,to the present licensed video lottery retailer at Lincoln Park which is not aparty to the UTGR Master Contract, twenty-eight and eighty-five one hundredthspercent (28.85%) minus seven hundred sixty-seven thousand six hundredeighty-seven dollars ($767,687);
(ii) On and after the effective date of the UTGR MasterContract, to the licensed video lottery retailer who is a party to the UTGRMaster Contract, all sums due and payable under said Master Contract minusseven hundred sixty-seven thousand six hundred eighty-seven dollars ($767,687).
(3) To the technology providers who are not a party to theGTECH Master Contract as set forth and referenced in Public Law 2003, Chapter32, seven percent (7%) of the net terminal income of the provider's terminals;
(ii) To contractors who are a party to the Master Contract asset forth and referenced in Public Law 2003, Chapter 32, all sums due andpayable under said Master Contract;
(iii) Notwithstanding paragraphs (i) and (ii) above, thereshall be subtracted proportionately from the payments to technology providersthe sum of six hundred twenty-eight thousand seven hundred thirty-seven dollars($628,737);
(4) To the city of Newport one and one hundredth percent(1.01%) of net terminal income of authorized machines at Newport Grand exceptthat upon passage [May 6, 2008] the allocation shall be one and twotenths percent (1.2%) of net terminal income of authorized machines at NewportGrand for each week the facility operates video lottery games on a twenty-four(24) hour basis for all eligible hours authorized in § 42-61.2-6(b) and tothe town of Lincoln one and twenty-six hundreths (1.26%) of net terminal incomeof authorized machines at Lincoln Park except that upon passage [May 6,2008] the allocation shall be one and forty-five hundredths percent(1.45%) of net terminal income of authorized machines at Lincoln Park for eachweek the facility operates video lottery games on a twenty-four (24) hour basisfor all eligible hours authorized in § 42-61.2-6(b);
(5) To the Narragansett Indian Tribe, seventeen hundredths ofone percent (0.17%) of net terminal income of authorized machines at LincolnPark up to a maximum of ten million dollars ($10,000,000) per year, which shallbe paid to the Narragansett Indian Tribe for the account of a TribalDevelopment Fund to be used for the purpose of encouraging and promoting: homeownership and improvement, elderly housing, adult vocational training; healthand social services; childcare; natural resource protection; and economicdevelopment consistent with state law. Provided, however, such distributionshall terminate upon the opening of any gaming facility in which theNarragansett Indians are entitled to any payments or other incentives; andprovided further, any monies distributed hereunder shall not be used for, orspent on previously contracted debts; and
(6) To the permanent school fund established in chapter 16-4the additional revenue accruing to the state as the direct result of theadditional hours authorized by this act net of the additional revenue to thecity of Newport and the Town of Lincoln resulting directly from the additionalhours authorized under this act, not to exceed fourteen million one hundredthousand dollars ($14,100,000) by June 30, 2009, to be allocated as aid tolocal education authorities as determined by the general assembly for fiscalyear 2009, notwithstanding the provisions of chapter 16-4 of the Rhode IslandGeneral Laws.
(7) Unclaimed prizes and credits shall remit to the generalfund of the state;
(8) Payments into the state's general fund specified insubdivisions (a)(1) and (a)(7) shall be made on an estimated monthly basis.Payment shall be made on the tenth day following the close of the month exceptfor the last month when payment shall be on the last business day.
