HOUSE BILL No. 4725


     April 30, 1997, Introduced by Reps. Varga and Rhead and referred to the Committee on House Oversight and Ethics.


        A bill to amend the Initiated Law of 1996, entitled

   "Michigan gaming control and revenue act,"

   by amending section 5 (MCL 432.205).

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 5.  (1)  Section 5.  Application for Casino License.

 2     (a)  An applicant shall submit an application to the board to

 3    operate a casino in which gaming is conducted as provided in this

 4    act.  The application shall contain such information as the board

 5    prescribes, including, but not limited to, detailed information

 6    regarding the ownership and management of the applicant.

 7    Information provided on the application shall be used as a basis

 8    for a thorough background investigation which the board shall

 9    conduct with respect to each applicant.  An application

10    containing false statements shall be cause for denial of a

11    license by the board.


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 1         (2)  (b)  Each applicant shall disclose the identity of

 2    every person, association, partnership, limited liability com-

 3    pany, trust or corporation having a greater than 1% direct or

 4    indirect pecuniary interest in the casino gaming operation with

 5    respect to which the license is sought.  If the disclosed entity

 6    is a trust, the application shall disclose the names and

 7    addresses of the beneficiaries; if a corporation, the names and

 8    addresses of all stockholders and directors; if a partnership,

 9    the names and addresses of all partners, both general and

10    limited; if a limited liability company, the names and addresses

11    of all members.

12         (3)  (c)  The board shall make applications available within

13    60 days of its appointment.  An application fee of $50,000.00

14    shall be paid to the board at the time of filing to defray the

15    costs of the background investigation conducted by the board.

16         (4)  (d)  The board shall act on any application submitted

17    to it within 90 days of the date of submission.

18         (5)  (e)  The holder of a casino license may transfer such

19    license but only with the approval of the board and the city in

20    which the casino is located.

21         (6) ANY APPLICANT OR LICENSEE AGGRIEVED BY AN ACTION OF THE

22    BOARD DENYING, SUSPENDING, REVOKING, OR RESTRICTING A LICENSE, OR

23    IMPOSING A FINE, MAY REQUEST A HEARING BEFORE THE BOARD.  A

24    REQUEST FOR A HEARING SHALL BE MADE TO THE BOARD IN WRITING

25    WITHIN 21 DAYS AFTER SERVICE OF NOTICE OF THE ACTION OF THE

26    BOARD.  NOTICE OF THE ACTION OF THE BOARD SHALL BE SERVED EITHER

27    BY PERSONAL DELIVERY OR BY CERTIFIED MAIL, POSTAGE PREPAID, TO



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 1    THE AGGRIEVED PARTY.  NOTICE SERVED BY CERTIFIED MAIL IS COMPLETE

 2    ON THE BUSINESS DAY FOLLOWING THE DATE THAT THE NOTICE WAS

 3    MAILED.


















































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