House Bill 1082 Summary

• Establishes definitions for "development agreement," "economic development payment," and "third party recipient" related to gaming commission oversight of riverboat gambling commitments.

• Grants the gaming commission continuous jurisdiction over development agreements and authority to verify that payments and expenditures comply with gaming law and maintain industry integrity.

• Requires operating agents and licensed owners to annually report to the commission on economic development payments, and requires recipient entities and third party recipients to report on how funds are received and spent.

• Provides that all reports required under the bill are public records and makes reports available electronically through the state's computer gateway.

• Grants the gaming commission subpoena power to issue subpoenas for records and testimony, apply to courts for enforcement, and refer matters to the attorney general or law enforcement when exercising jurisdiction over development agreements.