5.__Use of state share.__At the end of each fiscal year beginning after June 30, 1999, the Treasurer of State shall transfer to the Local Government Fund created in Title 30-A, section 5681 an amount equal to 10% of the state share of net terminal income derived from video gaming terminals during that fiscal year, net of state administrative costs.__Thirty days after the end of each fiscal year, the Treasurer of State shall transfer to the General Fund all unexpended amounts of the previous fiscal year's revenues to the Local Government Fund, except those needed to fund 2 months of expenses for administering this chapter.

6.__Failure to deposit funds.__A distributor who willfully fails to comply with this section commits a Class C crime.__The license of that person may be revoked by the Administrative Court and the video gaming terminals to which the undeposited funds are attributable may be disabled by the director at the direction of the Chief of the State Police.

7.__Late payments.__All payments not remitted when due must be paid together with a penalty assessment on the unpaid balance at a rate of 1.5% per month.

§384.__Video Gaming Fund

1.__Fund created.__There is created and established a separate fund to be known as the Video Gaming Fund and to be deposited in depositories the Treasurer of State selects.__The fund consists of all revenue payable to the State pursuant to sections 376 and 383 and all other money credited or transferred to the fund from any other fund or source pursuant to law.

2.__Use of money.__The money in the Video Gaming Fund may be appropriated or allocated only:

A.__For expenses incurred in implementing or enforcing this chapter;

B.__For payment to the Local Government Fund pursuant to section 383; and