2003 House Bill 4610 ↩

House Roll Call 173: Passed

To authorize the placement of 500 (or more) video lottery machines (slot machines) at each of seven Michigan horse racetracks (referred to as "racinos"), and in any new tracks. The bill includes regulations, licensure and tax provisions, and penalties. The state would get 40 percent of the net revenue from the new gambling. Of this, the first $90 million would be divided equally between the school aid fund, an agricultural enhancement fund proposed by the bill, and Detroit. After the first $90 million is divided, 70 percent of the remainder would go to the school aid fund and to the agricultural enhancement fund.