HOUSE BILL No. 4720


     April 30, 1997, Introduced by Reps. Wallace, Stallworth, Dobronski, Rison, Hale, Schermesser, DeHart, Cherry and Parks and referred to the Committee on House Oversight and Ethics.


        A bill to amend the Initiated Law of 1996, entitled

   "Michigan gaming control and revenue act,"

   by amending section 12 (MCL 432.212).

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 12.  (1)  Section 12.  Wagering Tax; Rate;

 2     Distribution.  (a)  A wagering tax is imposed on the gross reve-

 3    nue received by the licensee from gaming authorized under this

 4    act at the rate of 18%.

 5         (2)  (b) The  EXCEPT FOR THE wagering tax,  plus all other 

 6    fees, fines, and charges shall be deposited into the state casino

 7    gaming fund in the department of treasury.  Such tax is to be

 8     remitted daily by the holder of a casino license to the depart-

 9     ment of treasury by electronic wire transfer of funds.  All of

10    the ordinary, necessary, and reasonable expenses of operating the

11    board shall be deducted from the fund.  The fund shall be


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 1    distributed periodically in accordance with the provisions of

 2     this act pursuant to a schedule and methodology which shall be

 3     mutually agreeable to the department of treasury and the city.

 4          (c) The state casino gaming fund shall be allocated as

 5     follows: 

 6         (3)  (1)  EXCEPT AS PROVIDED IN SUBSECTION (6), 55%  to  OF

 7    THE WAGERING TAX SHALL BE REMITTED DAILY BY THE LICENSEE BY ELEC-

 8    TRONIC WIRE TRANSFER TO AN ACCOUNT THAT the city in which  a  THE

 9    casino is located  for use in connection with  HAS DESIGNATED TO

10    BE USED FOR the following:

11         (A)  (i) the  THE hiring, training and deployment of street

12    patrol officers.  ; 

13         (B)  (ii) neighborhood  NEIGHBORHOOD and downtown economic

14    development programs designed to create local jobs.  ; 

15         (C)  (iii) public  PUBLIC safety programs such as emergency

16    medical services, fire department programs, and street lighting.

17     ; 

18         (D)  (iv) antigang  ANTIGANG and youth development programs.

19     ; and 

20         (E)  (v) other  OTHER programs  which  THAT are designed to

21    contribute to the improvement of the quality of life in the

22    city.

23         (4)  (2) 45% to the state  FORTY-FIVE PERCENT OF THE WAGER-

24    ING TAX SHALL BE REMITTED DAILY BY THE LICENSEE BY ELECTRONIC

25    WIRE TRANSFER TO THE STATE CASINO GAMING FUND to be deposited in

26    the  State School Aid Fund  STATE SCHOOL AID FUND to provide

27    additional funds for K-12 classroom education.



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 1         (5)  (d)  Funds from this act shall not be used to supplant

 2    existing state appropriations or local expenditures.

 3         (6) IF THE FINANCIAL INSTITUTION DESIGNATED BY THE CITY IS

 4    UNABLE TO RECEIVE AN ELECTRONIC WIRE TRANSFER OF FUNDS ON THE DAY

 5    THE LICENSEE ATTEMPTS TO TRANSFER THE FUNDS, THE LICENSEE SHALL

 6    TRANSFER THE FUNDS ON THE FOLLOWING DAY.












































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