Gaming Revenues

SECTION 56.   Notwithstanding any general or special law to the contrary, in fiscal year 2019, the amounts of category 1 gaming revenue specified in subclauses (i) and (j) of clause (2) of section 59 of chapter 23K of the General Laws shall be transferred as follows: 15 per cent specified in said subclause (i) shall be credited to the Commonwealth Transportation Fund established pursuant to section 2ZZZ of chapter 29 of the General Laws; and 10 per cent specified in said subclause (j) shall be credited to the Debt and Long-Term Liability Reduction Trust Fund established pursuant to section 2WWWW of said chapter 29.
 
 

Summary:
This section directs category 1 gaming revenue specified for transportation infrastructure and development and debt reduction purposes to the Commonwealth Transportation Fund and a newly created Debt and Long-Term Liability Reduction Trust Fund .