Chapter 147
2012 -- S 2905
Enacted 06/05/12
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: Senator Maryellen Goodwin
Date Introduced: April 26, 2012
It is enacted by the
General Assembly as follows:
SECTION 1. Section 8 of Article 25 of Chapter 151 of the
2011 Public Laws entitled,
“An Act Relating To Making
Appropriations For The Support Of The State For The
Fiscal Year
Ending June 30, 2012”, is hereby amended to read as follows:
SECTION 8. Authorized Procurement of Second Amendment to the
Master Video
Lottery
Terminal Contract.
(a)
Notwithstanding any provision of the general or public laws or regulations
adopted
thereunder to the contrary, the division of state lottery is hereby expressly
authorized and
empowered, to enter into with
River Master Contract and
to the Newport Grand Master Contract, for the following purposes and
containing the following terms and conditions, all of which
shall be set forth in more particular
detail in the Second Amendment:
(i) To provide that the requirements of Part A, Section 4(a)(ii) as to
B, Section (4)(a)(ii) as to Newport Grand be amended to add the following
provision thereto: The
Division is authorized, in
addition to the Promotional Points Program established in Part A,
Section 4(a)(ii) and Part B, Section 4(a)(ii), to approve an additional
amount of Promotional
Points not to exceed seven
hundred fifty thousand dollars ($750,000) per facility pursuant to the
same terms and conditions authorized by Chapter 16 of the
Public Laws of 2010.
(ii)
To provide that the requirements of the following subsection found in Chapter
16 of
the Public Laws of 2010, Part B, Section 4(a)(iii)(2) be
stricken and removed from the First
Amendment to Master Video
Terminal Contract, to wit: and (2) the division shall not owe any
amount pursuant to said section 4(a)(iii) in any given
marketing year unless, pursuant to
subsection 42-61.2-7(a), the state has received net terminal
income for such marketing year in an
amount equal to or exceeding the amount of net terminal
income the state received for the state's
fiscal year 2010. The requirements so stricken shall allow
the Marketing Program and payments
due thereunder to be in effect
for fiscal year 2011 pursuant to the terms and conditions set forth in
said section.
(b)
Notwithstanding any provision of the general or public laws or any rule or
regulation
to the contrary, the division of state lottery is hereby
expressly authorized and empowered to
enter into with
and to the Newport Grand
Master Contract, for the following purposes and containing the
following terms and conditions, all of which shall be set forth
in more particular detail in the
amendment. To provide that the requirements of Part A, Section
(4)(a)(ii) as to
Part B, Section (4)(a)(ii) as to
The Division is
authorized, in addition to the Promotional Points established in the Master
Contracts, as amended in
2011, to approve an additional amount of Promotional Points not to
exceed two hundred fifty thousand dollars ($250,000) per
facility for fiscal year ending June 30,
2012.
(c)
All other terms and conditions contained in the First Amendment to Master Video
Lottery Terminal Contract
shall remain in full force and effect.
SECTION 2. This act shall take effect upon passage.
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LC02450
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