TITLE 68 INDIANA GAMING COMMISSION
Economic Impact Statement
LSA Document #15-113
IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
IC 4-22-2.1-5(a) provides that an agency that intends to adopt a rule under
IC 4-22-2 that will impose requirements or costs on small businesses must prepare a statement that describes the annual economic impact of the rule on small businesses after the rule is fully implemented as described in
IC 4-22-2.1-5(b). That statement must be submitted to the Office of Small Business and Entrepreneurship within the Office of the Lieutenant Governor.
Pursuant to Executive Order 13-03, the Indiana Gaming Commission (Commission) worked with the Office of Management and Budget to review its regulations in Title 68 of the Indiana Administrative Code to determine the current necessity and effectiveness. The proposed rule amends 77 sections and repeals 14 sections to remove obsolete language relating to tokens and token equipment, which were identified as opportunities to clarify, simplify, and update the regulations.
Estimated Number of Small Businesses Affected:
The proposed rule will affect Commission licensees. Only casino and supplier licensees could qualify as a small business. Pursuant to
IC 4-22-2.1-4, a small business is a business entity that satisfies the following requirements:
(1) On at least fifty percent (50%) of the working days of the business entity occurring during the preceding calendar year, the business entity employed not more than one hundred fifty (150) employees.
(2) The majority of the employees of the business entity work in Indiana.
Casino licensees affected by the proposed rule do not meet the above definition of a small business because each casino employs more than one hundred fifty (150) employees during at least fifty percent of the working days during the previous calendar year. It is possible that a small business could be affected by this rule in the future if a small business becomes a Commission supplier licensee, but as of now, none will be.
Estimated Administrative Costs Imposed on Small Businesses:
The Commission estimates that there are no costs because the proposed rule affects no small businesses.
Estimated Total Annual Economic Impact on Small Businesses:
The Commission estimates that there will be $0 total fiscal impact on small businesses as a result of compliance with this proposed rule.
Justification of Requirements or Costs:
The Commission has no justification of requirements or costs because there are none.
Regulatory Flexibility Analysis:
The Commission does not propose an alternative regulatory method.
Posted: 08/05/2015 by Legislative Services Agency
DIN: 20150805-IR-068150113EIA
Composed: May 04,2024 11:07:22AM EDT
A
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