Sec. 3. (a) A permit holder that is issued a gambling game license under this article must pay to the commission an initial licensing fee of two hundred fifty million dollars ($250,000,000) as follows:
(1) One hundred fifty million dollars ($150,000,000) payable before November 1, 2007.
(2) One hundred million dollars ($100,000,000) payable before November 1, 2008.
(b) The commission shall deposit any initial licensing fees collected under this section into the state general fund.
As added by P.L.233-2007, SEC.21. Amended by P.L.146-2008, SEC.19.
Structure Indiana Code
Title 4. State Offices and Administration
Article 35. Gambling Games at Racetracks
Chapter 5. Gambling Game License
4-35-5-1. Maximum Number of Licenses
4-35-5-2. Background Investigation; Approval of Proposed Gambling Game Facilities
4-35-5-2.4. Factors Considered in Granting Licenses
4-35-5-2.5. Restrictions on Issuance
4-35-5-2.7. Revocation of License
4-35-5-2.8. License Is Not a Property Right
4-35-5-4. Expiration of License; Renewal
4-35-5-4.5. Horse Racing Required of Licensee
4-35-5-6. Costs of Investigations
4-35-5-7. Transfer of License; Commission Approval; Fees