Bill Text: MI SB1193 | 2023-2024 | 102nd Legislature | Introduced
Bill Title: Gaming: other; sports betting tax; modify. Amends secs. 14 & 15 of 2019 PA 149 (MCL 432.414 & 432.415).
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2024-12-05 - Referred To Committee On Government Operations [SB1193 Detail]
Download: Michigan-2023-SB1193-Introduced.html
SENATE BILL NO. 1193
A bill to amend 2019 PA 149, entitled
"Lawful sports betting act,"
by amending sections 14 and 15 (MCL 432.414 and 432.415).
the people of the state of michigan enact:
Sec. 14. (1) Except for a sports betting operator that is an Indian tribe, a sports betting operator is subject to a tax of 8.4% 8.5% on its adjusted gross sports betting receipts received by the sports betting operator.
(2) A sports betting operator that is an Indian tribe is subject to the payment requirements under section 7(1)(f).
(3) A sports betting operator shall pay the tax or payment, as applicable, under subsection (1) or (2) on a monthly basis. The payment for each monthly accounting period is due on the tenth day of the following month.
(4) A sports betting operator is not subject to any excise tax, license tax, privilege tax, occupation tax, or other tax, payment, or fee imposed exclusively on a sports betting operator or sports betting operators by the state or any political subdivision of this state, except as provided in this act. This subsection does not impair the contractual rights under an existing development agreement between a city and a sports betting operator that holds a casino license under the Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL 432.201 to 432.226.
(5) In addition to payment of the tax and other fees as provided in this act, and to any payment required pursuant to an existing development agreement described in subsection (4), if a city has imposed a municipal services fee equal to 1.25% on a casino licensee, the city may charge a 1.25% fee on the adjusted gross sports betting receipts of a sports betting operator that holds a casino license under the Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL 432.201 to 432.226, whose casino is in that city.
Sec. 15. The tax imposed under section 14(1) must be allocated as follows:
(a) Thirty Thirty-one percent to the city in which the sports betting operator's casino is located, for use in connection with the following:
(i) The hiring, training, and deployment of street patrol officers in that city.
(ii) Neighborhood development programs designed to create jobs in that city with a focus on blighted neighborhoods.
(iii) Public safety programs such as emergency medical services, fire department programs, and street lighting in that city.
(iv) Anti-gang and youth development programs in that city.
(v) Other programs that are designed to contribute to the improvement of the quality of life in that city.
(vi) Relief to the taxpayers of that city from 1 or more taxes or fees imposed by that city.
(vii) The costs of capital improvements in that city.
(viii) Road repairs and improvements in that city.
(b) Sixty-five Sixty-three point five percent to this state to be deposited into the fund.
(c) Five point five percent to the Michigan agriculture equine industry development fund created under section 20 of the horse racing law of 1995, 1995 PA 279, MCL 431.320. However, if the 5% 5.5% allocated under this subdivision to the Michigan agriculture equine industry development fund created under section 20 of the horse racing law of 1995, 1995 PA 279, MCL 431.320, exceeds $3,000,000.00 in a fiscal year, the amount in excess of $3,000,000.00 must be allocated and deposited in the fund created under section 16.
