2012 -- H 8084

=======

LC02453

=======

STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

____________

A N A C T

RELATING TO MAKING APPROPRIATIONS FOR THE SUPPORT OF THE STATE FOR

THE FISCAL YEAR ENDING JUNE 30, 2012

     

     

     Introduced By: Representative William San Bento

     Date Introduced: April 25, 2012

     Referred To: House Finance

It is enacted by the General Assembly as follows:

1-1

     SECTION 1. Section 8 of Article 25 of Chapter 151 of the 2011 Public Laws entitled,

1-2

“An Act Relating To Making Appropriations For The Support Of The State For The Fiscal Year

1-3

Ending June 30, 2012”, is hereby amended to read as follows:

1-4

     SECTION 8. Authorized Procurement of Second Amendment to the Master Video

1-5

Lottery Terminal Contract.

1-6

     (a) Notwithstanding any provision of the general or public laws or regulations adopted

1-7

thereunder to the contrary, the division of state lottery is hereby expressly authorized and

1-8

empowered, to enter into with Twin River and Newport Grand a Second Amendment to the Twin

1-9

River Master Contract and to the Newport Grand Master Contract, for the following purposes and

1-10

containing the following terms and conditions, all of which shall be set forth in more particular

1-11

detail in the Second Amendment:

1-12

     (i) To provide that the requirements of Part A, Section 4(a)(ii) as to Twin River and Part

1-13

B, Section (4)(a)(ii) as to Newport Grand be amended to add the following provision thereto: The

1-14

Division is authorized, in addition to the Promotional Points Program established in Part A,

1-15

Section 4(a)(ii) and Part B, Section 4(a)(ii), to approve an additional amount of Promotional

1-16

Points not to exceed seven hundred fifty thousand dollars ($750,000) per facility pursuant to the

1-17

same terms and conditions authorized by Chapter 16 of the Public Laws of 2010.

1-18

     (ii) To provide that the requirements of the following subsection found in Chapter 16 of

1-19

the Public Laws of 2010, Part B, Section 4(a)(iii)(2) be stricken and removed from the First

2-1

Amendment to Master Video Terminal Contract, to wit: and (2) the division shall not owe any

2-2

amount pursuant to said section 4(a)(iii) in any given marketing year unless, pursuant to

2-3

subsection 42-61.2-7(a), the state has received net terminal income for such marketing year in an

2-4

amount equal to or exceeding the amount of net terminal income the state received for the state's

2-5

fiscal year 2010. The requirements so stricken shall allow the Marketing Program and payments

2-6

due thereunder to be in effect for fiscal year 2011 pursuant to the terms and conditions set forth in

2-7

said section.

2-8

     (b) Notwithstanding any provision of the general or public laws or any rule or regulation

2-9

to the contrary, the division of state lottery is hereby expressly authorized and empowered to

2-10

enter into with Twin River and Newport Grand an amendment to the Twin River Master Contract

2-11

and to the Newport Grand Master Contract, for the following purposes and containing the

2-12

following terms and conditions, all of which shall be set forth in more particular detail in the

2-13

amendment. To provide that the requirements of Part A, Section (4)(a)(ii) as to Twin River and

2-14

Part B, Section (4)(a)(ii) as to Newport Grand be amended to add the following provision thereto:

2-15

The Division is authorized, in addition to the Promotional Points established in the Master

2-16

Contracts, as amended in 2011, to approve an additional amount of Promotional Points not to

2-17

exceed two hundred fifty thousand dollars ($250,000) per facility for fiscal year ending June 30,

2-18

2012.

2-19

     (c) All other terms and conditions contained in the First Amendment to Master Video

2-20

Lottery Terminal Contract shall remain in full force and effect.

2-21

     SECTION 2. This act shall take effect upon passage.

     

=======

LC02453

========

EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO MAKING APPROPRIATIONS FOR THE SUPPORT OF THE STATE FOR

THE FISCAL YEAR ENDING JUNE 30, 2012

***

3-1

     This act would provide that for the fiscal year ending June 30, 2012 the state lottery may

3-2

amend the Master Video Terminal Contract providing additional promotional points to the

3-3

gambling facilities covered thereby.

3-4

     This act would take effect upon passage.

     

=======

LC02453

=======

H8084