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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) Payment.--Approved claims shall be paid from the State Lottery Fund established by the act of August 26, 1971 (P.L. 351, No. 91), 1 known as the State Lottery Law.
(b) Transfers.--The Secretary of the Budget shall transfer the following amounts from the Property Tax Relief Fund to the State Lottery:
(1) Notwithstanding any other provision of law, an amount equal to $100,000,000 of the total slot machine license fees paid by successful applicants for a Category 1 slot machine license under 4 Pa.C.S. § 1209 (relating to slot machine license fee). The transfer under this paragraph shall occur upon deposit in the Property Tax Relief Fund of moneys derived from the fee from the fourth successful applicant for a Category 1 slot machine license.
(2) Notwithstanding any other provision of law, an amount equal to $100,000,000 of the total slot machine license fees paid by successful applicants for a Category 2 slot machine license under 4 Pa.C.S. § 1209. The transfer under this paragraph shall occur upon deposit in the Property Tax Relief Fund of moneys derived from the fee from the third successful applicant for a Category 2 slot machine license.
(3) For fiscal years 2007-2008 and 2008-2009, an amount equal to the sum of approved claims to be paid in each of those fiscal years under sections 704 and 1304(a)(2)(ii), if any. 2
(4) For fiscal year 2009-2010 and each fiscal year thereafter, all of the following:
(i) The difference between the sum of the amount of approved claims to be paid in the next fiscal year under section 1304(a)(2)(i) and (3) and the amount of approved claims paid in fiscal year 2006-2007 under section 1304(a) (1).
(ii) The sum of the amount of approved claims to be paid in the next fiscal year under sections 704 and 1304(a)(2)(ii), if any.
(5) Beginning in fiscal year 2009-2010 and until the difference between the sum of subparagraphs (i) and (ii) and $200,000,000 is paid, an amount of not less than $40,000,000 annually or the amount of the difference, whichever is less. All transfers under this paragraph shall be completed no later than four years after the transfer required by paragraph (2).
(i) The difference between the sum of the amount of approved claims to be paid in fiscal year 2007-2008 under section 1304(a)(2)(i) and (3) and the amount of approved claims paid in fiscal year 2006-2007 under section 1304(a) (1).
(ii) The difference between the sum of the amount of approved claims to be paid in fiscal year 2008-2009 under section 1304(a)(2)(i) and (3) and the amount of approved claims paid in fiscal year 2006-2007 under section 1304(a)(1).
Cite this article: FindLaw.com - Pennsylvania Statutes Title 53 P.S. Municipal and Quasi-Municipal Corporations § 6926.1308. Funds for payment of claims - last updated January 01, 2022 | https://codes.findlaw.com/pa/title-53-ps-municipal-and-quasimunicipal-corporations/pa-st-sect-53-6926-1308/
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