Sec. 15a.
Any payments under section 7(1)(f) must be allocated as follows:
(a) Ninety percent to this state to be deposited in the fund.
(b) Ten percent to the Michigan strategic fund created under section 5 of the Michigan strategic fund act, 1984 PA 270, MCL 125.2005.
History: 2019, Act 149, Imd. Eff. Dec. 20, 2019
Structure Michigan Compiled Laws
Act 149 of 2019 - Lawful Sports Betting Act (432.401 - 432.419)
Section 432.401 - Short Title.
Section 432.402 - Legislative Findings and Declaration.
Section 432.403 - Definitions.
Section 432.408 - Sports Betting Supplier License; Application; Nonrefundable Fee; Confidentiality.
Section 432.410a - Source of League Data; Requirements; Notification; Tier 2 Sports Bets.
Section 432.412 - Statewide Responsible Gaming Database.
Section 432.413 - Prohibited Conduct; Violations; Penalties.
Section 432.414 - Imposition of Tax; Exception.
Section 432.415 - Allocation of Tax.
Section 432.415a - Allocation of Certain Payments.
Section 432.416 - Internet Sports Betting Fund.
Section 432.416a - Monthly Report of Internet Sports Betting Operations.
Section 432.417 - Legal Shipment of Gambling Device.
Section 432.418 - Scope of Act.
Section 432.419 - Application for License; Criminal History Background Checks; Fingerpirinting.