The bill amends the Lawful Internet Gaming Act (2019 PA 152) by modifying the allocation of payments under section 7(1)(f). Specifically, it stipulates that 20% of the payments will go to the governing body of the jurisdiction where the internet gaming operator's casino is located for governmental services, while 70% will be deposited into a state fund. Additionally, 10% of the payments will now be directed to a bureau created under the economic development fair competition and free enterprise act, replacing the previous allocation to the Michigan strategic fund.
Furthermore, the bill includes a provision stating that it will only take effect if Senate Bill No. 631 of the 103rd Legislature is enacted into law. This conditional enactment ensures that the changes proposed in this bill are contingent upon the passage of related legislation.
Statutes affected: Senate Introduced Bill: 432.315