Can you summarize RIGL Title 33, Chapter 21.1?
The legal document content covers various aspects related to unclaimed intangible and tangible property in the State of Rhode Island. It defines key terms used in the chapter and specifies the entities to which the chapter applies. The documents outline the presumption of abandonment for different types of property, such as unpaid wages, checks, drafts, and similar instruments issued by banking and financial organizations, intangible property, uncashed vendor checks, property held by the state, property held by agents and fiduciaries, property held by courts or other government entities, property held by insurance companies, property held by business associations, property held by utilities, and property held in safe deposit boxes or repositories.
Can you summarize RIGL Title 41, Chapter 1?
The legal document establishes the division of gaming and athletics licensing within the department of business regulation. It states that the division shall exercise the powers and duties related to the collection of and accounting for racing taxes and fees, which were previously performed by the commission on horse racing and athletics. The division is considered a continuation of the former commission and is authorized to transfer or reallocate the commission’s appropriation to the department and the division.
Can you summarize RIGL Title 41, Chapter 10?
The provided legal document content pertains to offtrack betting in the State of Rhode Island. The Division is granted the power and duty to supervise and administer offtrack betting operations in accordance with the chapter and division rules and regulations. The offtrack betting tax payable to the state is directed to be paid to cities and towns as a direct reduction against the residential tax rate. The document outlines the licensing restrictions for offtrack betting, including grounds for refusal or suspension of a license.
Can you summarize RIGL Title 41, Chapter 11?
This legal document governs the taxes and commissions on simulcast programs from licensed betting facilities in the State of Rhode Island. It applies to licensees conducting wagering in a simulcast betting facility under the pari-mutuel system. The document imposes a tax on such programs based on the type of wagers placed, with rates ranging from 4% to 5.5%. Additionally, if the division approves the integration of wagers placed at the simulcast facility into similar wagering pools at a host facility, the licensee may retain a commission equal to the takeout at the host facility.
Can you summarize RIGL Title 41, Chapter 3?
The provided legal document content governs the licensing and regulation of horse racing activities in the state of Rhode Island. It grants the division of gaming and athletics licensing the power to require financial statements and conduct investigations to ensure compliance with rules and regulations. The division has the authority to license various individuals and entities involved in horse racing, including owners, trainers, jockeys, and pari-mutuel employees. Different classes of race meets are defined, including horse running races, competitive harness horse races, and harness racing by agricultural associations.
Can you summarize RIGL Title 41, Chapter 3.1?
The provided legal document governs the tax on betting and licensee’s commission for dog racing events in Burrillville, Lincoln, and West Greenwich in the State of Rhode Island. Licensees conducting these events are entitled to a commission of 18% on pari-mutuel pools and wagers. After deducting the commission and the ‘breaks,’ which are the odd cents of any sum otherwise distributable, the remaining pari-mutuel pool is redistributed to the contributors. The licensee is required to pay a tax of 5.
Can you summarize RIGL Title 41, Chapter 4?
The legal document pertains to the tax collection on mutuel betting at racing tracks. Licensees conducting racing events under the pari-mutuel system are required to collect an additional 5% tax on all money wagered on multiple pools, which includes all forms of wagering other than win, place, and show. The tax is distributed to various entities, including the department of business regulation, dog kennel owners, the licensee, and the state as general fund revenue.
Can you summarize RIGL Title 41, Chapter 9?
This legal document pertains to the financial disclosure requirements for individuals and corporations involved in promoting or having an interest of five percent (5%) or greater in the establishment or extension of any gambling activity or facility. These individuals or entities are required to file a financial statement with the ethics commission by the first Monday in August prior to the general election where the establishment or extension of the gambling activity or facility is presented to the electorate.
Can you summarize RIGL Title 42, Chapter 61?
The legal document content provided pertains to the State Lottery in Rhode Island. It covers various aspects of the state lottery, including the penalties for fraudulent activities related to lottery tickets or shares, the eligibility of lottery prize awards for officers or employees of the state lottery division, the payment of prizes to minors or individuals under legal disability, the establishment of a trust fund for proceeds from the sale of lottery tickets, the regulation of ticket prices and sales agents, the creation and management of the state lottery fund, the retention of unclaimed prize money, the licensing and regulation of lottery sales agents, the management and allocation of funds generated by the state lottery, the setoff provisions for unpaid child support arrearages or taxes, the appointment and removal of the director of lotteries, the exemption of lottery prizes from state sales or use tax, the prohibition of selling tickets to individuals under the age of eighteen, the preference of lottery proceeds in case of insolvency or death of sales agents, and the non-assignability of lottery prizes.
Can you summarize RIGL Title 42, Chapter 61.1?
The provided legal document content pertains to the Prizes and Gift Act in the State of Rhode Island. It governs the conditions for handling charge and shipping charges in relation to the distribution of gifts, prizes, or items of value. The Act prohibits representing that another person has been specially selected or has won anything of value in connection with the sale or lease or solicitation for sale or lease of goods, property, or services, unless certain conditions are met.