2315 Annual inflation adjustment; Pennsylvania gaming cash flow management  

  • DEPARTMENT
    OF REVENUE

    Annual Inflation Adjustment; Pennsylvania Gaming Cash Flow Management

    [38 Pa.B. 7024]
    [Saturday, December 20, 2008]

       In accordance with 61 Pa. Code § 1001.8 (relating to State Gaming Fund transfers), the Department of Revenue (Department) is required to publish notice of the annual inflation adjustment as proscribed in 4 Pa.C.S. § 1403(d) (relating to establishment of State Gaming Fund and net slot machine revenue distribution).

       Section 1403(c) of 4 Pa.C.S. requires the Department to utilize the most recent consumer price index effective immediately prior to the date the adjustment is due to take effect. This adjustment will be published by the United States Department of Labor, Bureau of Labor Statistics in January 2009. Thereafter, the Department will publish an additional notice of the annual inflation adjustment.

    STEPHEN H. STETLER,   
    Acting Secretary

    [Pa.B. Doc. No. 08-2315. Filed for public inspection December 19, 2008, 9:00 a.m.]

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