Code of Massachusetts Regulations
205 CMR - MASSACHUSETTS GAMING COMMISSION
Title 205 CMR 121.00 - Licensing Fee
Section 121.02 - Payment of Fee
Current through Register 1531, September 27, 2024
(1) All license fees due and payable under 205 CMR 121.01(1) and (2) shall be due and payable to the commission within 30 days of an award. As a pre-condition of any award, the commission may provide that such license fees be paid on an installment basis before the award is made and the license issued.
(2) The Slot Fee will be assessed on or about July 1st of each fiscal year based upon the number of approved slot machines as of July 1st of said year and shall be assessed on a pro rata basis for any additional slot machines added during the fiscal year.
(3) Except in the case of an assessment for the fourth quarter of fiscal year 2014 and for fiscal year 2015, the Annual Assessment due under 205 CMR 121.01(3)(b) shall be assessed on or about 30 days prior to the start of the commission fiscal year. The Annual Assessment for each gaming establishment shall be the difference between the commission's projected costs minus the Slot Fee and any other revenues anticipated to be received by the commission and assessed as provided in 205 CMR 121.01(3)(b). The commission may assess the Annual Assessment on a pro rata basis commencing with the fourth quarter of fiscal year 2014 and for fiscal year 2015 and will make such assessment each fiscal year thereafter. The commission, in its sole discretion, may allow the Annual Assessment to be paid in one or more installments during the fiscal year.
(4) The fee required under 205 CMR 121.01(3)(c) shall be assessed on or about 30 days prior to the start of the commission fiscal year. The commission will assess this fee commencing with fiscal year 2016.
(5) All license fees and assessments due to the commission shall be due and payable within 30 days of receipt of an invoice from the commission.
(6) All license fees and assessments shall be submitted in the form of a certified check or secure electronic funds transfer payable to the "Massachusetts Gaming Commission."
(7) In the event that a licensee fails to pay any fees or assessments as provided in 205 CMR 121.01, the commission may take any remedial action it deems necessary up to and including revocation of the gaming license.
