A. The total number of slot machines registered in the State may not exceed 1,500; and

B. A slot machine operator may not operate more than 1,500 slot machines at any one commercial track.

Sec. 10. 8 MRSA §1032, as enacted by PL 2003, c. 687, Pt. A, §5 and affected by Pt. B, §11, is amended to read:

§1032. Payment of credits by slot machine operator

A slot machine operator shall redeem credits for players who earn credits on a slot machine located on the premises of that slot machine operator in accordance with rules adopted by the board. A slot machine operator may not redeem a credit slip more than 365 days from the date of issuance.__The funds reserved for the payment of such a credit slip or expired unclaimed jackpot must be retained by the slot machine operator and treated as gross slot machine income and do not constitute property subject to the requirements of Title 33, chapter 41.

Sec. 11. 8 MRSA §1036, sub-§1, as enacted by PL 2003, c. 687, Pt. A, §5 and affected by Pt. B, §11, is amended to read:

1. Distribution for administrative expenses of board. A slot machine operator shall collect and distribute 1% of adjusted gross slot machine income to the Treasurer of State for deposit in the General Fund for the administrative expenses of the board. For purposes of this subsection, "adjusted gross slot machine income" means the total value of money or tokens, credits or similar objects or things of value used to actually play a slot machine before payback is distributed to a player.

Sec. 12. 8 MRSA §1036, sub-§2, as amended by PL 2005, c. 109, §1, is further is amended to read:

2. Distribution from commercial track. A slot machine operator shall collect and distribute 39% of the total gross net slot machine income from slot machines operated by the slot machine operator to the board for distribution by the board as follows:

A. Three percent of the total gross net slot machine income must be deposited to the General Fund for administrative expenses of the board, including gambling addiction counseling services, in accordance with rules adopted by the board;