Distributions from licensee's revenue receipts - 4 Pa. Cons. Stat. § 1404

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     § 1404.  Distributions from licensee's revenue receipts.
        For holders of Category 1 licenses, an amount not less than
     $5,000,000 over the initial five-year period following the
     initial issuance of a Category 1 slot machine license and an
     amount not less than $250,000 nor more than $1,000,000 per year
     for five years thereafter shall be deposited by each licensee
     into a segregated account and used for improvement and
     maintenance of the backside area and related buildings and
     structures at the racetrack at which the licensee operates. The
     licensed racing entity designee and the designee of the
     recognized horsemen's organization at each racetrack shall
     jointly consider the appropriate amount of the funds and how the
     money shall be spent at the racetrack. Disputes involving the
     amount and expenditure of funds under this section shall be
     resolved by the State Horse Racing Commission or the State
     Harness Racing Commission, whichever is appropriate, which shall
     oversee the use of these funds. Notwithstanding other provisions
     of this section, a licensed racing entity that has not
     previously conducted live racing and is constructing a new
     racetrack, backside area and related buildings and structures
     that can establish to the satisfaction of the board that the
     licensed racing entity has spent no less than $5,000,000 in the
     construction of the new racetrack's backside area, related
     buildings and structures shall not be subject to the
     expenditures required by this section until the tenth year after
     the completion of such construction at the new racetrack. The
     board may extend the time frame for distributions under this
     section for a newly constructed racetrack for up to an
     additional two years if, upon inspection, either the State Horse
     Racing Commission or the State Harness Racing Commission,
     whichever is applicable, determines that the physical condition
     of the backside area and related buildings and structures of the
     racetrack is sufficient to protect the health and safety of
     backside employees.

Last modified: November 27, 2007