Section 5. Limitation on expenditures.
Beginning in fiscal year 2007-2008, it shall be mandatory, not directory, that payments made pursuant to section 4(1), (2), (3), (5), (6), (7) and (8) shall be made each year from the Gaming Economic Development and Tourism Fund by the Department of Community and Economic Development. In such years that it is determined for any reason that there are not sufficient funds to make these mandatory payments, each mandatory payment shall be proportionately reduced in an amount equal to the shortfall in the Gaming Economic Development and Tourism Fund. Total expenditures under this act for the projects referred to in section 4 shall not exceed the total amount authorized for each project in section 3.
Compiler's Note: Section 19.5 of Act 1 of 2010 provided that section 5 is repealed insofar as it is inconsistent with Act 1.