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Can you summarize 12 CTGS 578e?
Gaming Policy, Regulation and Revenue - Secs. 12-557 to 12-578bb > Assessment and payment of costs of regulating casino gaming facility.
Short Summary
This legal document governs the assessment and payment of costs associated with regulating casino gaming facilities in Connecticut. It applies to all casino gaming facilities authorized to conduct authorized games under the general statutes. The document outlines the process for estimating the reasonable and necessary costs incurred by the Department of Revenue Services in regulating these facilities and assessing each facility its share of the costs based on its annualized share of the gross gaming revenue. The assessed amount is to be paid to the commissioner by each casino gaming facility within a specified timeframe. The document also establishes the State Gaming Regulatory Fund, which holds the funds received and is used for paying the regulatory costs. The Comptroller calculates the actual costs incurred in the prior fiscal year, and any excess amounts are considered a surplus. Casino gaming facilities have the right to request a hearing if they are aggrieved by an assessment. No specific exemptions or penalties are mentioned in this document.
Whom does it apply to?
Casino gaming facilities
What does it govern?
Assessment and payment of costs of regulating casino gaming facility
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Connecticut