An Act relative to the Community Preservation Trust Fund

This bill modifies the Massachusetts Community Preservation Trust Fund by changing how much money casinos must contribute. Currently, casinos pay 9 percent of their daily gross gaming revenue to the fund, but this bill would lower that rate to 4.5 percent. At the same time, it requires casinos to add an additional 4.5 percent of their daily gross gaming revenue to the same fund, keeping the total contribution at 9 percent. The change directly affects casino operators and the state's funding mechanism for community preservation projects.