Restricted receipts account

Act 156 of 1988, § 909.3, under LOCAL OPTION SMALL GAMES OF CHANCE ACT.

Act 156 of 1988, § 909.3

Section 909.3. Restricted receipts account.

(a) Account established.--There is established within the General Fund a restricted receipts account to be known as the Host Municipality Tavern Games Local Share Account.

(b) Distributions.--The department shall make distributions from the Host Municipality Tavern Games Local Share Account to each host municipality. Each host municipality shall receive a distribution equal to the revenue remitted into the Host Municipality Tavern Games Local Share Account by:

(1) licensees located within the host municipality; and

(2) licensed distributors under section 909.2 generated by purchases from licensees in the host municipality.

(c) Payments to host municipalities.--The department shall make payments to host municipalities within 60 days of the end of each calendar year.

(909.3 added Nov. 27, 2013, P.L.1045, No.90)