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Bill > HB6420
MI HB6420
MI HB6420Gaming; other; fantasy contests consumer protection act; create. Creates new act. TIE BAR WITH: HB 6419'18
summary
Introduced
10/02/2018
10/02/2018
In Committee
12/20/2018
12/20/2018
Crossed Over
11/29/2018
11/29/2018
Passed
12/21/2018
12/21/2018
Dead
Vetoed
12/31/2018
12/31/2018
Introduced Session
99th Legislature
Bill Summary
A bill to regulate the conduct of fantasy contests; to protect Michigan participants in fantasy contests; to require licensing of the operators of fantasy contests; to impose fees on the operators of fantasy contests; to provide for the powers and duties of certain state governmental officers and entities; to prohibit violations of this act; to prescribe civil sanctions; and to prescribe penalties.
AI Summary
This bill creates the "Fantasy Contests Consumer Protection Act" to regulate the conduct of fantasy contests in Michigan. The bill requires fantasy contest operators to be licensed by the Michigan Gaming Control Board and imposes various requirements on licensed operators, such as preventing certain individuals from participating, segregating player deposits, and ensuring the integrity of contests. The bill also prohibits unlicensed fantasy contest operations, imposes penalties for violations, and clarifies that fantasy contests conducted under the act do not violate certain state gambling laws.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Vetoed By The Governor 12/28/2018 12/31/18 Addenda (on 12/31/2018)
Official Document
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