TITLE 68 INDIANA GAMING COMMISSION

Amends 68 IAC 1-3-1 concerning applicability and obsolete terminology. Amends 68 IAC 1-3-2 concerning reports on economic development payments. Adds 68 IAC 1-3-4 concerning methods of payment. Adds 68 IAC 1-3-5 concerning a duty to notify the commission regarding changes to bank account information, bylaws, or conflict of interest statements. Adds 68 IAC 1-3-6 concerning deviations. Makes numerous technical changes. Repeals 68 IAC 1-3-3. Effective 30 days after filing with the Publisher.

SECTION 1. 68 IAC 1-3-1 IS AMENDED TO READ AS FOLLOWS:

Affected: IC 4-33-23

Sec. 1. (a) This rule applies to each riverboat licensee or riverboat license applicant. development providers, specified recipients, unspecified recipients, and parties to a development agreement.

(b) The following definitions apply throughout this rule:

SECTION 2. 68 IAC 1-3-2 IS AMENDED TO READ AS FOLLOWS:

Affected: IC 4-33-23-10

Sec. 2. Each riverboat licensee or riverboat license applicant (a) Development providers and specified recipients shall report, in a manner determined by the executive director or the executive director's designee, upon the status of all economic development activities which the riverboat licensee or riverboat license applicant agreed to perform as a condition of licensure or issuance of a certificate of suitability. payments.

(b) A development provider or specified recipient that submits a report to the commission under IC 4-33-23-10 shall submit the report:

(c) Development providers and specified recipients shall produce additional reports upon request of the commission, the executive director, or the executive director's designee.

(d) An unspecified recipient is not required to submit a report under IC 4-33-23 unless otherwise required by the commission or executive director.

(e) Upon request of the commission, the executive director, or the executive director's designee, a party not otherwise required to submit a report shall submit a report concerning economic development payments in a manner prescribed by the executive director.

SECTION 3. 68 IAC 1-3-4 IS ADDED TO READ AS FOLLOWS:

Affected: IC 4-33-23-13

Sec. 4. Economic development payments from a development provider to a party or a specified recipient may be made via direct deposit or other electronic funds transfer method, directly from the development provider's account into the separate and segregated bank account required by IC 4-33-23-13.

SECTION 4. 68 IAC 1-3-5 IS ADDED TO READ AS FOLLOWS:

Affected: IC 4-33-23-14

Sec. 5. (a) Specified recipients and parties that are not development providers shall submit to the commission a report containing the following:

(b) Specified recipients and parties that are not development providers are under a continuing duty to notify the commission of a change in the information required by subsection (a) within thirty (30) days of the change.

(c) A nonprofit has a continuing duty to notify the commission of changes in its conflict of interest statement or its bylaws within thirty (30) days of the change.

SECTION 5. 68 IAC 1-3-6 IS ADDED TO READ AS FOLLOWS:

Affected: IC 4-33-23

Sec. 6. (a) The executive director or the commission may approve deviations from the provisions of this rule if the executive director or the commission determines that the:

(b) If a development provider, specified recipient, unspecified recipient, or party to a development agreement wishes to request a deviation from the provisions of this rule or IC 4-33-23, they shall do so in writing.

SECTION 6. 68 IAC 1-3-3 IS REPEALED.

DIN: 20121219-IR-068120055FRA

Composed: Apr 25,2024 12:07:40PM EDT

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