History of Actions | Background | Title |
Description: Gaming Commission to place certain restrictions on bingo licensees; require.
1 | 01/07/98 | (S) | Referred To Finance | |
2 | 02/03/98 | (S) | Died In Committee |
Effective date | July 1, 1998 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | No |
Senate Committee:
Principal Author: Canon
Code Sections: A 097-0033-0053, A 097-0033-0057, A 097-0033-0203
Title: AN ACT TO AMEND SECTION 97-33-53, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT BINGO LICENSEES HAVE RECEIVED INTERNAL REVENUE CODE SECTION 501(C) OR (D) STATUS FOR AT LEAST THREE YEARS PRIOR TO RECEIVING A LICENSE TO OPERATE BINGO GAMES IN THE STATE OF MISSISSIPPI; TO AMEND SECTION 97-33-57, MISSISSIPPI CODE OF 1972, TO EMPOWER THE MISSISSIPPI GAMING COMMISSION TO REQUIRE BINGO LICENSEES TO SUBMIT PLANS FOR THE OPERATION OF BINGO HALLS, TO AUTHORIZE THE COMMISSION TO AUDIT TRANSFERS OF GROSS OR NET PROCEEDS BETWEEN LICENSEES AND OTHER ENTITIES WITH ONE OR MORE COMMON OFFICERS, TO AUTHORIZE THE COMMISSION TO AUDIT THE DISPOSITION OF ANY FUNDS EXPENDED BY A BINGO LICENSEE FOR THE SUPPORT OF CHARITY AND TO DETERMINE THE USE MADE OF THESE FUNDS, TO AUTHORIZE THE COMMISSION TO DENY, REVOKE OR SUSPEND THE LICENSE OR APPLICATION OF ANY ORGANIZATION WHICH FAILS TO COMPLY WITH THE REQUIREMENTS OF THIS PROVISION OR RULES PROMULGATED UNDER ITS AUTHORITY, TO AUTHORIZE THE COMMISSION TO PROMULGATE RULES AND REGULATIONS NECESSARY TO CARRY OUT THE PURPOSES OF THIS PROVISION, AND TO PROVIDE FOR A TWO-YEAR CYCLE; TO AMEND SECTION 97-33-203, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT APPRAISERS AUTHORIZED TO APPRAISE COMMERCIAL LESSORS' BINGO PROPERTY CONFORM TO COMMISSION-APPROVED PRACTICES AND TO ALLOW THE COMMISSION TO REQUIRE THE COMMERCIAL LESSOR TO PAY FOR ANY ADDITIONAL APPRAISALS REQUIRED BY THE COMMISSION; AND FOR RELATED PURPOSES.
End Of Document
1998/History/SB\SB2298.htm