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CA SB356

Bill

Official Source

Status

Engrossed

5/16/2013

Primary Sponsor

Leland Yee

Click for details

Origin

Senate

2013-2014 Session

AI Summary

  • Creates an exception allowing established gambling establishment owners to hold financial interests in certain foreign gambling operations
  • Applies only to owners licensed in good standing for at least 5 years as of January 1, 2013
  • Requires notification to the California Gambling Control Commission and Department of Justice, plus commission approval before obtaining the financial interest
  • Permits financial interests only in businesses conducting lawful gambling outside the United States that would be unlawful if conducted in California

Legislative Description

Gambling establishments: owner licensing.

Last Action

Set, second hearing. Held in committee and under submission.

8/30/2013

Committee Referrals

Appropriations6/26/2013
Governmental Organization6/19/2013
Governmental Organization2/28/2013
Rules2/20/2013

Full Bill Text

No bill text available