(a) If, after the board has distributed fifteen dollars ($15) per capita to each association, there is additional money from the tax proceeds as provided in Section 45-49-31.05, the board may distribute to the associations on a first come, first serve basis. The association requesting additional funds shall submit plans for a specific project and such additional funds shall be awarded at the discretion of the board. The association shall be required to supply 15 percent of the amount of the request for additional funds as matching funds. No money received from the board under Section 45-49-31.05 shall be used as matching funds in order to comply with this subsection. In the event such tax proceeds are insufficient to pay fifteen dollars ($15) per capita, the money shall be distributed on a pro rata basis per capita.
(b) This part shall be retroactive to January 1, 1983, in regard to disbursement of funds, after passed by the Legislature and approved by the Governor.
Last modified: May 3, 2021