Bill Text | History of Actions | Background | Title |
Description: Gaming; revise payments that are deductible as expenses when calculating gross revenue.
Bill Text: [Introduced]
| 1 | 01/17 (S) Referred To Finance | |
| 2 | 02/01 (S) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Robertson
Code Section: A 075-0076-0193
Title: AN ACT TO AMEND SECTION 75-76-193, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IN CALCULATING GROSS REVENUE FROM ANY GAME UNDER THE MISSISSIPPI GAMING CONTROL ACT, PAYMENTS OF CASH OR TRANSFERS OF OTHER THINGS OF VALUE TO PATRONS BASED ON THE RESULT OF A GAME SHALL NOT BE DEDUCTED AS LOSSES PAID TO PATRONS WHERE THE ITEM USED OR RISKED BY THE PATRON TO PARTICIPATE IN THE GAME WOULD NOT BE CONSIDERED REVENUE TO A GAMING LICENSEE IF THE PATRON LOST THE GAME; AND FOR RELATED PURPOSES.
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2005/html/History/SB/SB2924.htm