MI Comp L § 432.111b (2021)
2021 Michigan Compiled Laws|Chapter 432 - Gaming|Act 382 of 1972 - Traxler-Mccauley-Law-Bowman Bingo Act (432.101 - 432.152)|Article 1 - (432.101...432.120)|Section 432.111b - Supplier of Equipment, Charity Game Tickets, or Numeral Game Tickets; License; Fee; Report.

432.111b Supplier of equipment, charity game tickets, or numeral game tickets; license; fee; report.Sec. 11b.  (1) An applicant for a license or renewal of a license to operate as a supplier of equipment, charity game tickets, or numeral game tickets to qualified organizations licensed under this act shall submit a written application to the bureau on a form prescribed by the commissioner.  (2) An applicant under this section shall pay an annual license fee of $300.00 at the time of the application.  (3) A supplier's license issued under this section expires at 12 midnight on September 30 of each year.  (4) The commissioner shall require suppliers authorized to sell charity game tickets, numeral game tickets, or both, to post a performance bond of not less than $50,000.00 and not greater than $1,000,000.00.  (5) A supplier shall remit to the bureau an amount equal to the qualified organization's purchase price of the charity game tickets less an amount that shall not be less than the sum of $.008 for each ticket sold plus 1.0% of the total resale value for all charity game tickets sold.  (6) For each numeral game sold, the supplier shall issue to the licensed organization an invoice listing the manufacturer and serial number of each game.  (7) A supplier shall collect a fee from a qualified organization for each game of numeral tickets sold that equals $5.00 per 1,000 tickets or any portion of 1,000 tickets.  (8) A supplier shall remit the fees collected under subsection (7) to the bureau by the fifteenth day of the month following the month in which the numeral game is sold. The commissioner may assess a late fee of 25% of the amount due against a supplier who fails to remit the fees by the required filing date.  (9) A supplier shall only display, offer for sale, sell, or otherwise make available to a qualified organization numeral game tickets that have been obtained from a manufacturer.  (10) A person who is directly or indirectly connected to the sale, rental, or distribution of bingo equipment, or the sale of charity game tickets or numeral game tickets, or a person residing in the same household as the supplier shall not be involved directly or indirectly with the rental or leasing of a facility used for an event.  (11) A supplier licensed under this section shall submit to the bureau a report as required by the commissioner regarding the sale or rental of equipment and the sale of charity game tickets and numeral game tickets. History: Add. 1999, Act 108, Eff. Mar. 10, 2000 ;-- Am. 2006, Act 427, Imd. Eff. Oct. 5, 2006 ;-- Am. 2019, Act 159, Imd. Eff. Dec. 20, 2019 Compiler's Notes: For transfer of powers and duties of lottery commissioner and bureau of state lottery related to licensing and regulation of millionaire parties under bingo act to executive director of Michigan gaming control board, see E.R.O. No. 2012-3, compiled at MCL 432.91.Popular Name: Bingo Act