The bill amends Section 301 of the Michigan Penal Code, which addresses the acceptance of money or valuable items contingent on the outcome of races, contests, or uncertain events. The new language specifies that individuals who take or accept such items, whether on their own behalf or as agents or employees, are guilty of a misdemeanor punishable by imprisonment for up to one year or a fine of up to $5,000. The bill also clarifies that this section does not apply to certain transactions that meet specific criteria, such as being incidental to a social relationship, having a limited number of participants, and ensuring that the entire amount wagered is awarded as prizes.

Additionally, the bill introduces a detailed list of conditions that must be met for a transaction to be exempt from the penalties outlined in Section 301. These conditions include limitations on the number of participants, the maximum amount wagered, and restrictions on the location and promotion of the game or wager. Overall, the amendments aim to refine the legal framework surrounding gambling activities in Michigan while providing specific exemptions for small, informal transactions.

Statutes affected:
Senate Introduced Bill: 750.301