Pennsylvania Code › Title 61 - REVENUE › Part IX - Pennsylvania Gaming Cash Flow Management › Chapter 1001 - PENNSYLVANIA GAMING CASH FLOW MANAGEMENT › GENERAL PROVISIONS › Section 1001.6 - Administration of amounts deposited by licensed gaming entities and certificate holders with Treasury to pay Commonwealth gaming related costs and expenses

Current through Register Vol. 54, No. 28, July 13, 2024
(a) No later than 2
				  business days prior to the commencement of slot machine operations, the
				  licensed gaming entity and certificate holder shall make all deposits required
				  under section 1401 of the act (relating to slot machine licensee deposits) in
				  the Department's Collection Account. Upon transfer of the deposit into
				  Treasury's Concentration Account, the deposit shall be credited to an account
				  established in Treasury for the licensed gaming entity and certificate holder.
				  The account established shall also be used to recognize and account for all
				  future deposits required from the licensed gaming entity and certificate holder
				  by the Department for administrative costs and all future withdrawals made by
				  the Department for reimbursement of administrative costs.
(b) Each licensed gaming entity and
				  certificate holder shall maintain a minimum account balance with Treasury in
				  accordance with section 1401 of the act.
(c) Moneys related to this account shall be
				  transferred to the Department's Collection Account and from Treasury by EFT or
				  other methods of funds transfer in accordance with §
										1001.5(c)
				  (relating to administration and distribution of moneys held by licensed gaming
				  entities, certificate holders and the Commonwealth).
(d) Reimbursement of Commonwealth expenses
				  will be as follows:
(1) The Department will
				  issue to the licensed gaming entity and certificate holder, periodic
				  assessments of expenses incurred by the Board, Department, Office of Attorney
				  General and the Pennsylvania State Police, regarding expenses directly related
				  to the licensed gaming entity and certificate holder, under budgets approved by
				  the Board and upon appropriation by the General Assembly as required in section
				  1402.1 of the act (relating to
				  itemized budget reporting). Expenses not included in budgets approved by the
				  Board may not be assessed against the licensed entity under this
				  section.
(2) Expenses incurred by
				  the Commonwealth and assessed to the licensed gaming entity and certificate
				  holder shall be charged back to the licensed gaming entity and certificate
				  holder and deducted from the licensed gaming entity's and certificate holder's
				  account, as specified in section 1401 of the act (relating to slot machine
				  licensee deposits) and this section.
(3) General administrative costs of the
				  Commonwealth not specifically assessed to a licensed gaming entity and
				  certificate holder under paragraph (1), shall be borne by each licensed gaming
				  entity and certificate holder on a pro rata basis, at the discretion of the
				  Secretary of Revenue until all Category 1 and Category 2 licensed gaming
				  entities and certificate holders are operating as permitted under the
				  act.