Citations Affected: None (noncode).
Synopsis: Study of economic development related to gaming. Requires
the department of commerce to study the economic development
opportunities for gaming and pari-mutuel wagering. Imposes a one time
fee on each licensed riverboat owner, pari-mutual horse racing track
permit holder, bingo license holder, and lottery retailer to pay for the
Effective: Upon passage.
January 7, 2002, read first time and referred to Committee on Rules and Legislative
A BILL FOR AN ACT concerning gaming.
SECTION 1. [EFFECTIVE UPON PASSAGE] (a) The department
of commerce shall study the economic development opportunities
for gaming and pari-mutuel wagering in the areas where:
(1) riverboats licensed under IC 4-33; and
(2) pari-mutuel horse racing tracks licensed under IC 4-31;
(b) The study required under this SECTION must include findings that identify ways to:
(1) enhance the growth of commerce and economic development in the areas studied;
(2) create and maintain jobs in the areas studied; and
(3) further the investments of the gaming industry in Indiana.
(c) The department of commerce shall report its findings to the legislative council before January 1, 2003.
(d) A fee is imposed upon each licensed riverboat owner, pari-mutuel horse racing track permit holder, bingo license holder, and lottery retailer to pay for the study. The department of state revenue shall collect the fee before July 1, 2002. The amount of the
fee is set forth in the following table:
Riverboat license owner $1,000
Pari-mutuel horse racing
track permit holder $1,000
Bingo license holder $ 10
Lottery retailer $ 10
(e) The department of state revenue shall deposit the fees collected under subsection (d) into the state general fund.
(f) This SECTION expires January 2, 2003.
SECTION 2. An emergency is declared for this act.