Amend the bill by inserting after the title and before the enacting clause the following:
‘Emergency preamble. Whereas, acts and resolves of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and
Whereas, tourism is a significant segment of the State's economy; and
Whereas, any promotion or encouragement that will bring tourists to the State is of benefit to that segment of the State's economy; and
Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,’
Amend the bill in section 1 in subsection 36-A in the last line (page 1, line 7 in L.D.) by striking out the following: " and net slot machine income." and inserting the following: ' , net slot machine income and payback percentage.'
Amend the bill by inserting after section 2 the following:
‘Sec. 3. 8 MRSA §1032-A is enacted to read:
Cash prizes, winnings or credits that are received as a result of redeeming promotional credits and are used to play a slot machine are considered gross slot machine income for the purposes of allocation under section 1036.
Emergency clause. In view of the emergency cited in the preamble, this legislation takes effect when approved.’
summary
This amendment clarifies that promotional credits are not used in calculating payback percentage and that the winnings from promotional credits used to continue play of slot machines are considered gross slot machine income. It also adds an emergency preamble and emergency clause.
FISCAL NOTE REQUIRED
(See attached)