SB 6057-S - DIGEST

(DIGEST OF PROPOSED 1ST SUBSTITUTE)

Declares that the commission has the authority to require all social card room licensees to submit financial information on a quarterly basis, including, but not limited to: Gross gambling receipts; prizes; net gambling receipts; donated prizes; total expenses; a detailed list of expenses, including wages paid for gambling activities; and net gambling income. The commission shall provide licensees with a report form, with instructions, to submit information required under this provision.

Declares that the commission has the authority to publish on-line and make available to the public, on a quarterly basis, a list of the social card room licensees, including the licensee's name, city, county, license issue number, gross receipts, special prizes, net receipts, wages paid related to gambling activity, reported paid local tax on social card rooms, other gambling expenses, net gambling income, and net gambling income's percent of gross receipts.