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IN SB0354
Bill
AI Summary
SB 354 Summary
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Authorizes the licensed owner of the Ohio County riverboat to establish one supplemental gaming facility in Terre Haute with Indiana Gaming Commission approval, contingent on Terre Haute's fiscal body approving riverboat operations.
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Requires at least 50% of the owner's investment in the supplemental gaming facility to be dedicated to nongaming amenities such as lodging, dining, and retail facilities.
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Limits gambling games at the supplemental facility to 50% of the number permitted at the Ohio County riverboat, while the owner must reduce games at the riverboat by the same amount.
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Requires the qualified licensed owner to make five annual $3,000,000 payments to the Department of Natural Resources for the West Baden Springs historic hotel preservation and maintenance fund.
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Prohibits transfer or relocation of the supplemental gaming facility except as part of a transaction involving the riverboat license, and bars the owner from establishing any additional supplemental gaming facilities in Indiana.
Legislative Description
Casino operations in Terre Haute. Authorizes the licensed owner of a riverboat operating from Ohio County to establish a supplemental gaming facility in Terre Haute with the approval of the Indiana gaming commission (IGC). Provides that the IGC may not approve an application unless riverboat gaming has been approved by the fiscal body of the city. Provides that at least 50% of the qualified licensed owner's proposed investment in a supplemental gaming facility must be for the development of the qualified licensed owner's proposed nongaming amenities. Provides that the number of gambling games at a supplemental gaming facility may not
Last Action
Senators Boots and Bassler added as coauthors
2/13/2017