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Can you summarize 205 CMR 114?
Massachusetts Gaming Commission (formerly State Racing Commission) > Fees
Short Summary
The provided legal document content pertains to the fees associated with gaming license applications in Massachusetts. According to M.G.L. c. 23K, 15(11), each applicant for a gaming license is required to pay a nonrefundable application fee of $400,000. This fee is intended to cover the costs associated with processing the application and conducting the necessary investigation of the applicant. If the investigation costs exceed the initial application fee, the applicant must pay the additional amount within 30 days of being notified of insufficient fees, or the application will be rejected. The initial non-refundable application fee must be paid by certified check or secure electronic funds transfer made payable to the ‘Massachusetts Gaming Commission.’ The fee should be submitted with the initial application and response to the RFA-1 process outlined in 205 CMR 110:00. However, applicants may submit the fee before the submission of the initial application and response to the RFA-1 process, provided they include a certification confirming their intention to apply for a gaming license and acknowledging the non-refundable nature of the fee. All required application fees and community disbursements are non-refundable, due, and payable, regardless of the withdrawal or abandonment of any application. In connection with a gaming license application, the applicant, its affiliates, and parties involved in agreements related to the gaming establishment’s land, ownership, or management are jointly and severally liable for any amounts chargeable to the applicant. The regulatory authority for these provisions is 205 CMR 114.00, which references various sections of M.G.L. c. 23K.
Whom does it apply to?
Applicants for a gaming license
What does it govern?
Fees associated with gaming license applications
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Additional fees must be paid if the costs of the investigation exceed the initial application fee, or the application may be rejected.
Jurisdiction
Massachusetts