20120215-IR-068110780EIA Economic Impact Statement LSA Document #11-780  

  • TITLE 68 INDIANA GAMING COMMISSION

    Economic Impact Statement
    LSA Document #11-780


    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 Indiana Economic Development Corporation (IEDC). The IEDC is required to review the rule and submit written comments to the agency not later than seven days before the public hearing.
    The Indiana Gaming Commission (Commission) proposes a rule that amends definitions and updates the terminology regarding the Voluntary Exclusion Program. The proposed rule also clarifies the applications for the request for voluntarily exclusion and the request for removal. Additionally, the proposed rule makes numerous technical changes.

    Estimated Number of Small Businesses Affected:
    The substantive portions of the proposed rule apply to casino licensees and their employees. No casino licensees qualify as a small business. Under 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 rule do not meet the above definition of a small business because each casino employs more than 150 employees during at least 50 percent of the working days during the previous calendar year.

    Estimated Administrative Costs Imposed on Small Businesses:
    The Commission estimates that there are no costs because the 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 the small business as a result of compliance with this 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: 02/15/2012 by Legislative Services Agency

    DIN: 20120215-IR-068110780EIA
    Composed: Nov 01,2016 1:18:59AM EDT
    A PDF version of this document.

Document Information