History of Actions | Background | Title |
Description: Gaming; req in-state financial interests incl minority participation & purchases of in-state goods & serv by gaming licensees.
| 1 | 01/20/97 | (S) | Referred To Finance;Economic Dev, Tourism and Parks | |
| 2 | 02/04/97 | (S) | Died In Committee |
| Effective date | July 1, 1997 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committees:
Principal Author: Horhn
Code Sections: A 075-0076-0067, A 075-0076-0077
Title: AN ACT TO AMEND SECTION 75-76-67, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT NEW GAMING LICENSES BE ISSUED ONLY TO CORPORATIONS OR OTHER ORGANIZATIONS IN WHICH THERE IS A CERTAIN MINIMUM PERCENTAGE OF FINANCIAL PARTICIPATION BY RESIDENT MISSISSIPPIANS AND BY SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS, AND TO REQUIRE THAT NEW GAMING LICENSES BE ISSUED ONLY TO PERSONS WHO ALSO OWN OR CONTROL IMPROVEMENTS NEAR THEIR LICENSED GAMING ESTABLISHMENT SUCH AS GOLF COURSES OR HOTELS; TO AMEND SECTION 75-76-77, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE FOREGOING REQUIREMENTS MUST BE MET BY CURRENT GAMING LICENSEES PRIOR TO JULY 1, 1998, IN ORDER FOR THEIR LICENSES TO CONTINUE IN EFFECT; TO REQUIRE GAMING LICENSEES TO PURCHASE A CERTAIN MINIMUM PERCENTAGE OF SERVICES AND PRODUCTS FROM MISSISSIPPI BUSINESSES AND FROM SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS; AND FOR RELATED PURPOSES.
End Of Document
1997/History/SB\SB2834.htm