42-7B-48.2. General state aid to school districts reduced by payments from Gaming Commission fund.
Payments received by a school district in accordance with subdivision 42-7B-48.1(3), shall reduce on a dollar for dollar basis any general state aid otherwise payable to the school district. However, no state aid payments received by a school district pursuant to §§13-13-82 and 13-13-83 may be included in that reduction.
Source: SL 1995, ch 246, §2; SL 2008, ch 79, §4.