TITLE 312 NATURAL RESOURCES COMMISSION
Economic Impact Statement
LSA Document #09-986
IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
The requirement for an increase in the bond from $150 to $300 under
312 IAC 2-4-12(g) is to cover any potential costs associated with license noncompliance. The current bond of $150 is not sufficient in all instances to cover the damage costs or revenue loss for forfeited tournaments. If conditions of the license are met, the bond is returned to the applicant in full. Other than this modification with its conditional impact, there is no impact to small business.
Posted: 08/18/2010 by Legislative Services Agency
DIN: 20100818-IR-312090986EIA
Composed: May 05,2024 4:05:25AM EDT
A
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