MI SB0601

Allows the lottery commissioner to contract with persons to place advertising and promotional material on club keno lottery games and related media, with at least 1 minute between games for advertisements.

Permits alcoholic beverage advertising on club keno games subject to federal communications commission broadcast standards and liquor control commission restrictions, with 10-day advance notice required to liquor control commission.

Creates the club keno advertising fund within the state treasury to receive revenue from advertising contracts.

Requires fund distribution as follows: 20% of first $400,000 annually (or 0.4% of total, whichever is less) to liquor control commission if alcohol advertising is involved; up to 2% of first $400,000 annually for bureau advertising costs; remainder to state school aid fund.

Effective immediately upon governor approval on August 1, 2012.