Conn. Gen. Stat. § 12-573
Certification of balance in betting fund in excess of department needs. Transfer to General Fund
Connecticut · General Statutes of Connecticut Chapter 226 — Gaming Policy, Regulation and Revenue · Status: effective
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- Citation
- Conn. Gen. Stat. § 12-573, Certification of balance in betting fund in excess of department needs. Transfer to General Fund, Connecticut, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2175539
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Full text
Until the effective date of transfer of ownership of the off-track betting system, and from time to time the commissioner shall estimate, and certify to the Comptroller, that portion of the balance in the betting fund which is in excess of the current needs of the department for the payment of prizes and for the payment of compensation under section 12-572. Upon receipt of any such certification, the amount so certified shall be transferred from the betting fund to the General Fund.