LD 1820
pg. 26
Page 25 of 39 An Act To Establish the Gambling Control Board To License and Regulate Slot Mac... Page 27 of 39
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LR 2664
Item 1

 
The annual compensation percentage distributed pursuant to
section 1036, subsection 1, paragraph A must be calculated
pursuant to this section.

 
1.__State administrative, regulatory and economic costs
calculation.__Prior to the commencement of each state fiscal
year, the Commissioner of Administrative and Financial Services
shall establish a compensation percentage by routine technical
rulemaking pursuant to Title 5, chapter 375, subchapter 2-A.__The
amount of the compensation percentage must be sufficient to
compensate the State for all administrative, regulatory and
economic costs, including lost lottery revenue, caused by the
gambling activities licensed under this chapter and must account
for the amount remitted to the board pursuant to section 1036,
subsection 1, paragraph B, subparagraph (1).__In addition, high-
stakes beano and off-track betting operators may petition the
commissioner for lost revenue directly associated with the
gambling activities licensed under this chapter.__The
commissioner shall establish a procedure for determining such
impacts by routine technical rulemaking pursuant to Title 5,
chapter 375.

 
2.__Impact fees for certain gambling facility operators.__If a
high-stakes beano or off-track betting facility operator
demonstrates by a preponderance of the evidence to the
Commissioner of Administrative and Financial Services that the
operator has suffered a direct adverse economic impact as a
result of a slot machine operator's activities licensed under
this chapter and the high-stakes beano or off-track betting
facility operator quantifies the specific amount of the adverse
economic impact, then the commissioner shall include within the
annual compensation percentage a sum equal to the sum of the
actual harm incurred by the affected high-stakes beano or off-
track betting facility.__The sum must be remitted to the affected
high-stakes beano or off-track betting facility operator within
30 days of receipt by the State of the annual compensation
percentage remittance.__The commissioner may adopt rules to
administer this section.__These rules are routine technical rules
pursuant to Title 5, chapter 375, subchapter 2-A.

 
SUBCHAPTER 4

 
RECORDS, ACCESS AND MONITORING

 
§1041. Reports; records

 
1. Reports; records.__The board or department may require from
any licensee whatever records and reports the board considers
necessary for the administration and enforcement of this chapter
and rules adopted under this chapter.


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