HB 4346
Gaming: other; allocation of revenue under the lawful internet gaming act to the Michigan agriculture equine industry development fund; remove cap. Amends sec. 15 of 2019 PA 152 (MCL 432.315). TIE BAR WITH: HB 4347'25
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill adjusts how revenue from legal internet gaming in Michigan is distributed. Specifically, it removes a cap on the percentage of revenue allocated to the Michigan Agriculture Equine Industry Development Fund. Currently, 5% of the revenue is directed to this fund, but the bill increases this allocation to ensure a minimum of $3 million is provided annually, with any excess above $3 million being directed to another fund.
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Primary sponsor
Cosponsors
Bradley Slagh
Gregory Alexander
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