§ 9-1A-27. Allocation of video lottery proceeds
West's Annotated Code of MarylandState GovernmentEffective: July 1, 2023
Effective: July 1, 2023
MD Code, State Government, § 9-1A-27
§ 9-1A-27. Allocation of video lottery proceeds
(a) Except as provided in subsections (b) and (c) of this section and § 9-1A-26(a)(3) of this subtitle, on a properly approved transmittal prepared by the Commission, the Comptroller shall pay the following amounts from the proceeds of video lottery terminals at each video lottery facility:
(b)(1) Beginning July 1, 2013, for a video lottery facility in Worcester County with less than 1,000 video lottery terminals, the percentage in subsection (a)(2) of this section is equal to 43% provided that each year an amount equivalent to 2.5% of the proceeds from video lottery terminals at the video lottery facility is spent on capital improvements at the video lottery facility.
(2) After the first 10 years of operations at a video lottery facility in Allegany County, the percentage in subsection (a)(2) of this section is equal to 48% provided that each year an amount equivalent to 2.5% of the proceeds from video lottery terminals at the video lottery facility is spent on capital improvements at the video lottery facility.
(c)(1) For the first 10 years of operations at a video lottery facility in Allegany County, on a properly approved transmittal prepared by the Commission, the Comptroller shall pay the following amounts from the proceeds of video lottery terminals at a video lottery facility in Allegany County:
(d)(1) Each video lottery operation licensee shall retain 80% of the proceeds of table games at the video lottery facility.
(e)(1) If the costs of the State Lottery and Gaming Control Agency are less than the proceeds specified in subsection (a)(1) of this section, any amount not distributed to the State Lottery and Gaming Control Agency shall be paid to the Education Trust Fund established under § 9-1A-30 of this subtitle.
(f) On or before December 1, 2019, and every year thereafter, the State Lottery and Gaming Control Commission shall report to the Governor and, in accordance with § 2-1257 of this article, the General Assembly on the distribution of proceeds of video lottery terminals to licensees for the procurement of video lottery terminals; marketing, advertising, and promotional costs; and capital improvements and the distributions of local impact grants to jurisdictions under § 9-1A-31 of this subtitle.
Credits
Added by Acts 2007, 1st Sp. Sess., c. 4, § 1, eff. Nov. 25, 2008. Amended by Acts 2009, c. 447, § 1, eff. Oct. 1, 2009; Acts 2010, c. 624, § 1, eff. June 1, 2010; Acts 2011, c. 240, § 1, eff. May 10, 2011; Acts 2012, 2nd Sp. Sess., c. 1, § 1, eff. Oct. 1, 2012; Acts 2012, 2nd Sp. Sess., c. 1, § 2, ratified Nov. 6, 2012; Acts 2013, c. 580, § 1, eff. Oct. 1, 2013; Acts 2015, c. 227, § 1, eff. Oct. 1, 2015; Acts 2017, c. 23, § 1, eff. June 1, 2017; Acts 2017, c. 339, § 1, eff. July 1, 2017; Acts 2017, c. 453, § 2, eff. July 1, 2017; Acts 2017, c. 629, § 1, eff. June 1, 2017; Acts 2018, c. 333, § 1, eff. Oct. 1, 2018; Acts 2018, c. 334, § 1, eff. Oct. 1, 2018; Acts 2019, c. 8, § 5; Acts 2020, c. 590, § 1, eff. June 1, 2020; Acts 2021, c. 692, § 1, eff. July 1, 2021; Acts 2023, c. 475, § 1, eff. July 1, 2023; Acts 2023, c. 736, § 1, eff. July 1, 2023.
MD Code, State Government, § 9-1A-27, MD STATE GOVT § 9-1A-27
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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