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Bill > HB4346


MI HB4346

MI HB4346
Gaming: other; allocation of revenue under the lawful internet gaming act to the Michigan agriculture equine industry development fund; remove cap. Amends sec. 15 of 2019 PA 152 (MCL 432.315). TIE BAR WITH: HB 4347'25


summary

Introduced
04/17/2025
In Committee
12/11/2025
Crossed Over
02/26/2026
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 2019 PA 152, entitled"Lawful internet gaming act,"by amending section 15 (MCL 432.315).

AI Summary

This bill, amending the Lawful Internet Gaming Act, adjusts the allocation of revenue generated from internet gaming taxes. Specifically, it slightly increases the state's share from 65% to 66% and decreases the portion allocated to the Michigan agriculture equine industry development fund from 5% to 4%. Crucially, it removes the previous $3,000,000 annual cap on the amount that can be sent to this equine fund, instead establishing tiered maximum amounts for specific fiscal years: $9,000,000 for the year ending September 30, 2026, $12,000,000 for the year ending September 30, 2027, and $15,000,000 annually thereafter. This change aims to provide more consistent and potentially larger funding for the equine industry development fund, while also making minor adjustments to how certain revenue shortfalls are handled for cities hosting internet gaming operators.

Committee Categories

Agriculture and Natural Resources

Sponsors (15)

Last Action

Transmitted (on 02/26/2026)

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