Michigan SB0679 amends the lawful sports betting act to adjust payments allocation, eliminating the Michigan strategic fund.
Michigan SB0679 modifies the lawful sports betting act by changing the allocation of payments under section 7(1)(f). It specifies that ninety percent of the payments must be allocated to the state and deposited in the fund, while ten percent must go to the Michigan strategic fund bureau. This change reflects the elimination of the Michigan strategic fund. The amendment will not take effect unless Senate Bill No. 631 of the 103rd Legislature is enacted into law.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.