Previous Outside Section Next Outside Section

 

Licensing Fees for Region C Facility

SECTION 25.   Notwithstanding any general or special law to the contrary, $8,500,000 of any licensing fee paid to the Massachusetts Gaming Commission under subsection (d) of section 10 of chapter 23K during fiscal year 2017 shall be deposited in the Community Mitigation Fund established in section 61 of said chapter 23K, and the remainder of such licensing fees shall be deposited in the Commonwealth Stabilization Fund.
 
 

Summary:
This section dedicates any licensing fees that are collected in fiscal year 2017 as a result of licensing a Class 1 casino in Region C, under the gaming law, to the Stabilization Fund, after $8.5 million of those fees is transferred to the Community Mitigation Fund.