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Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 23N, § 17

Current as of January 01, 2025 | Updated by Findlaw Staff

There shall be established and set up on the books of the commonwealth a Sports Wagering Fund which shall receive revenues collected pursuant to sections 6 and 14. The fund shall not be subject to appropriation. The commission shall be the trustee of the fund and shall transfer monies from the fund as follows:

(1) 45 per cent to the General Fund;

(2) 17.5 per cent to the Workforce Investment Trust Fund established in section 18;

(3) 27.5 per cent to the Gaming Local Aid Fund established in section 63 of section  1 23K;

(4) 1 per cent to the Youth Development and Achievement Fund established in section 19 2; and

(5) 9 per cent to the Public Health Trust Fund established in section 58 of section  1 23K.

1 So in original; probably should read “chapter”.
2 St.2022, c. 173, § 5, adding G.L. c. 23N, did not designate a “section 19”, and instead designated the sections establishing the Workforce Investment Trust Fund and the Youth Development and Achievement Fund, respectively, both as “section 18”.
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Cite this article: FindLaw.com - Massachusetts General Laws Part I. Administration of the Government (Ch. 1-182) Ch. 23N, § 17 - last updated January 01, 2025 | https://codes.findlaw.com/ma/part-i-administration-of-the-government-ch-1-182/ma-gen-laws-ch-23n-sect-17/

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