MI HB6466

Amends the Michigan Gaming Control and Revenue Act to require one of the five board members to be a representative of the equine industry, appointed by the governor with senate approval.

Changes grammatical language throughout Section 4 from "shall" to "has" and similar present-tense constructions for consistency in statutory interpretation.

Specifies that board members must be Michigan residents and restricts appointment of individuals with felony convictions or misdemeanor convictions related to gambling, theft, dishonesty, or fraud.

Establishes a 3-year cooling-off period prohibiting former board members and key employees from holding interests in casino licensees or enterprises after leaving office.

Requires financial disclosure statements from board members, the executive director, and key employees to be filed with the governor at employment and annually thereafter.