| | | A. Forty percent is sent to the Treasurer of State to be | | deposited into and distributed through the Local Government | | Fund, Title 30-A, section 5681, subsection 3; |
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| | | B.__An amount not to exceed 26% is paid to the distributor | | who owns the machine; |
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| | | C.__Five percent is retained by the licensee and used to | | supplement harness racing purses at its facility; |
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| | | D.__One percent is sent to the racing commission and | | credited by the racing commission to the Sire Stakes Fund | | created in Title 8, section 281; |
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| | | E.__Three percent is paid to the Department of Public | | Safety, Bureau of State Police to cover administrative | | expenses attributable to duties arising under this chapter; |
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| | | F.__Two percent is paid to the Treasurer of State, who shall | | credit the money to the Stipend Fund provided for in Title | | 7, section 62.__The money credited is distributed to | | agricultural fairs licensed under Title 8 to accept wagers | | on harness races and that do not telecast those races or | | accept wagers placed at any betting facility located off the | | grounds of the fair; and |
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| | | G.__All remaining net video lottery terminal revenue is | | retained by the licensee. |
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| | | 2.__Failure to deposit funds.__A video lottery terminal | | distributor who willfully refuses to comply with this section | | commits a Class D crime.__The license of that person may be | | revoked by the Administrative Court and the video lottery | | terminals to which the undeposited funds are attributable may be | | disabled by the Chief of the State Police. |
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| | | 3.__Late payments.__A payment not remitted within 30 days of | | the date due must be paid together with a penalty assessment on | | the unpaid balance at a rate of 1.5% per month for the period | | commencing 30 days after the date when the payment was due. |
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| | | ENFORCEMENT AND PENALTIES |
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| | | 1.__Reports; records.__The Chief of the State Police shall | | require from any licensed video lottery terminal distributor, | | manufacturer, wholesaler or licensee whatever records and reports |
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