HomePublicationsNewsletter ArchiveVolume 25Issue 18ALTERNATE BILL INTRODUCED FOR MILLIONAIRE PARTIES

Rep. John Reilly, R-District 46, introduced HB 4730 on June 18, 2019, seeking to amend the amount that a millionaire party licensee may receive under 1972 PA 382, the Traxler-McCauley-Law-Bowman Bingo Act (“Bingo Act”). The bill would increase the amount from $15,000 per day of the millionaire party license to $30,000 per day.  The bill has been referred to the Committee on Regulatory Reform.

HB 4730 proposes alternative changes to Millionaire Party rules than previously introduced HB 4173, which was introduced by Rep. John Chirkun, D-District 22, on February 13, 2019. The February bill seeks to amend the Bingo Act by enacting an article regulating millionaire parties separately from other bingo and charitable gaming regulations.  Article 2 would increase the amount that a millionaire party licensee may receive from $15,000 per day to $20,000 per day, or $80,000 divided by the number of days allowed by the license. The maximum number of days allowed by a millionaire party license would remain at four (4) days. The bill has been referred to the Committee on Regulatory Reform and would not take effect unless HB 4172, seeking to remove millionaire party regulations from the current Bingo Act, is also enacted as part of an omnibus gaming legislation bill on which the Michigan Gaming Newsletter has previously reported.  See Volume 25, Issue 16 of the Michigan Gaming Newsletter.

 

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