4 Pa. C.S. § 13B55

Current through 2024 legislation effective May 8, 2024
Section 13B55 - Certificate holder deposits
(a)Deposits.--
(1) The department shall determine the appropriate assessment amount for each interactive gaming certificate holder, which amount shall be a percentage assessed on the interactive gaming certificate holder's gross interactive gaming revenues. Each interactive gaming certificate holder shall deposit funds into its account under section 1401 (relating to slot machine licensee deposits) on a weekly basis.
(2) The percentage assessed shall not exceed an amount necessary to recover costs or expenses incurred by the board and the department in carrying out powers and duties under this chapter based on a budget submitted by the board and the department under subsection (b).
(b) Itemized budget reporting.--
(1) The board and the department shall prepare and annually submit to the Chairperson and Minority Chairperson of the Appropriations Committee of the Senate and the Chairperson and Minority Chairperson of the Appropriations Committee of the House of Representatives an itemized budget consisting of amounts to be appropriated out of the accounts established under this section as necessary to administer this chapter.
(2) The itemized budget required under paragraph (1) shall be submitted in conjunction with the budget required to be submitted under section 1202(b)(28) (relating to general and specific powers).
(c)Appropriation.--Costs and expenses from accounts established under section 1401 shall only be disbursed upon appropriation by the General Assembly.
(D) Penalty.--
(1) An interactive gaming certificate holder that fails to timely remit to the department amounts required under this section shall be subject to, in addition to liability imposed in this chapter, a penalty of 5% per month up to a maximum of 25% of the amounts ultimately found to be due. The penalty shall be recovered by the department.
(2) Penalties imposed under this subsection shall be deposited into the general fund.

4 Pa.C.S. § 13B55

Added by P.L. TBD 2017 No. 42, § 25, eff. 10/30/2017.