20110316-IR-068100675EIA Economic Impact Statement LSA Document #10-675  

  • TITLE 68 INDIANA GAMING COMMISSION

    Economic Impact Statement
    LSA Document #10-675


    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 concerns the operation of server-based gaming by casino licensees or trustees.

    Estimated Number of Small Businesses Affected:
    The substantive portions of the proposed rule apply to casino licensees and to the supplier licensees for server-based gaming technology.
    Under IC 4-22-2.1-4 and IC 5-28-2-6, a small business is any business entity where:
    (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; and
    (2) the majority of the employees of the business entity work in Indiana.
    The casinos affected by the proposed rule do not meet the above definition of a small business because they all employed more than 150 workers on at least 50% of the working days of the preceding calendar year. Furthermore, it is extremely unlikely that an Indiana casino will ever employ fewer than 150 employees on at least 50% of the working days in a year.
    Currently, the Commission is unaware of any supplier licensees providing server-based gaming technology who maintain their principal place of business in Indiana. Therefore, the supplier licensees do not meet the definition of a small business.
    Because the affected casinos and suppliers of server-based gaming technology do not meet the statutory definition of a small business, the Commission is not adopting a rule that will impose requirements or costs on a small business. Therefore, the Commission is not required to prepare a report describing the economic impact of the rule in accordance with IC 4-22-2.1-5.

    Estimated Administrative Costs Imposed on Small Businesses:
    None

    Estimated Total Annual Economic Impact on Small Businesses:
    None

    Justification of Requirements or Costs:
    N/A

    Regulatory Flexibility Analysis:
    N/A

    Posted: 03/16/2011 by Legislative Services Agency

    DIN: 20110316-IR-068100675EIA
    Composed: Nov 01,2016 1:06:50AM EDT
    A PDF version of this document.

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