Senate Bill No. 105–Senator Neal

 

February 12, 2001

____________

 

Referred to Committee on Taxation

 

SUMMARY—Increases state license fee on gaming. (BDR 41‑797)

 

FISCAL NOTE:            Effect on Local Government: No.

                                    Effect on the State: No.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to gaming; increasing the state license fee based upon the highest tier of the gross revenue of gaming licensees; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1    Section 1.  NRS 463.370 is hereby amended to read as follows:

1-2    463.370  1.  Except as otherwise provided in NRS 463.373, the

1-3  commission shall charge and collect from each licensee a license fee based

1-4  upon all the gross revenue of the licensee as follows:

1-5    Three percent of all the gross revenue of the licensee which does not

1-6  exceed $50,000 per calendar month;

1-7    Four percent of all the gross revenue of the licensee which exceeds

1-8  $50,000 per calendar month and does not exceed $134,000 per calendar

1-9  month; and

1-10    [Six] Ten and one-quarter percent of all the gross revenue of the licensee

1-11  which exceeds $134,000 per calendar month.

1-12    2.  Unless the licensee has been operating for less than a full calendar

1-13  month, the commission shall charge and collect the fee prescribed in

1-14  subsection 1, based upon the gross revenue for the preceding calendar

1-15  month, on or before the 24th day of the following month. Except for the fee

1-16  based on the first full month of operation, the fee is an estimated payment

1-17  of the license fee for the third month following the month whose gross

1-18  revenue is used as its basis.

1-19    3.  When a licensee has been operating for less than a full calendar

1-20  month, the commission shall charge and collect the fee prescribed in

1-21  subsection 1, based on the gross revenue received during that month, on or

1-22  before the 24th day of the following calendar month of operation. After the

1-23  first full calendar month of operation, the commission shall charge and


2-1  collect the fee based on the gross revenue received during that month, on or

2-2  before the 24th day of the following calendar month. The payment of the

2-3  fee due for the first full calendar month of operation must be accompanied

2-4  by the payment of a fee equal to three times the fee for the first full

2-5  calendar month. This additional amount is an estimated payment of the

2-6  license fees for the next 3 calendar months. Thereafter, each license fee

2-7  must be paid in the manner described in subsection 2. Any deposit held by

2-8  the commission on July 1, 1969, must be treated as an advance estimated

2-9  payment.

2-10    4.  All revenue received from any game or gaming device which is

2-11  operated on the premises of a licensee, regardless of whether any portion of

2-12  the revenue is shared with any other person, must be attributed to the

2-13  licensee for the purposes of this section and counted as part of the gross

2-14  revenue of the licensee. Any other person, including, without limitation, an

2-15  operator of an inter-casino linked system, who is authorized to receive a

2-16  share of the revenue from any game, gaming device or inter-casino linked

2-17  system that is operated on the premises of a licensee is liable to the licensee

2-18  for that person’s proportionate share of the license fees paid by the licensee

2-19  pursuant to this section and shall remit or credit the full proportionate share

2-20  to the licensee on or before the 24th day of each calendar month. The

2-21  proportionate share of an operator of an inter-casino linked system must be

2-22  based on all compensation and other consideration received by the operator

2-23  of the inter-casino linked system, including, without limitation, amounts

2-24  that accrue to the meter of the primary progressive jackpot of the inter-

2-25  casino linked system and amounts that fund the reserves of such a jackpot,

2-26  subject to all appropriate adjustments for deductions, credits, offsets and

2-27  exclusions that the licensee is entitled to take or receive pursuant to the

2-28  provisions of this chapter. A licensee is not liable to any other person

2-29  authorized to receive a share of the licensee’s revenue from any game,

2-30  gaming device or inter-casino linked system that is operated on the

2-31  premises of the licensee for that person’s proportionate share of the license

2-32  fees to be remitted or credited to the licensee by that person pursuant to this

2-33  section.

2-34    5.  An operator of an inter-casino linked system shall not enter into any

2-35  agreement or arrangement with a licensee that provides for the operator of

2-36  the inter-casino linked system to be liable to the licensee for less than its

2-37  full proportionate share of the license fees paid by the licensee pursuant to

2-38  this section, whether accomplished through a rebate, refund, charge-back

2-39  or otherwise.

2-40    6.  Any person required to pay a fee pursuant to this section shall file

2-41  with the commission, on or before the 24th day of each calendar month, a

2-42  report showing the amount of all gross revenue received during the

2-43  preceding calendar month. Each report must be accompanied by:

2-44    (a) The fee due based on the revenue of the month covered by the

2-45  report; and

2-46    (b) An adjustment for the difference between the estimated fee

2-47  previously paid for the month covered by the report, if any, and the fee due

2-48  for the actual gross revenue earned in that month. If the adjustment is less

2-49  than zero, a credit must be applied to the estimated fee due with that report.


3-1    7.  If the amount of license fees required to be reported and paid

3-2  pursuant to this section is later determined to be greater or less than the

3-3  amount actually reported and paid, the commission shall:

3-4    (a) Charge and collect the additional license fees determined to be due,

3-5  with interest thereon until paid; or

3-6    (b) Refund any overpayment to the person entitled thereto pursuant to

3-7  this chapter, with interest thereon.

3-8  Interest must be computed at the rate prescribed in NRS 17.130 from the

3-9  first day of the first month following either the due date of the additional

3-10  license fees or the date of overpayment until paid.

3-11    8.  Failure to pay the fees provided for in this section shall be deemed a

3-12  surrender of the license at the expiration of the period for which the

3-13  estimated payment of fees has been made, as established in subsection 2.

3-14    9.  Except as otherwise provided in NRS 463.386, the amount of the

3-15  fee prescribed in subsection 1 must not be prorated.

3-16    10.  Except as otherwise provided in NRS 463.386, if a licensee ceases

3-17  operation, the commission shall:

3-18    (a) Charge and collect the additional license fees determined to be due

3-19  with interest; or

3-20    (b) Refund any overpayment, with interest thereon, to the licensee,

3-21  based upon the gross revenue of the licensee during the last 3 months

3-22  immediately preceding the cessation of operation, or portions of those last

3-23  3 months.

3-24    11.  If in any month [,] the amount of gross revenue is less than zero,

3-25  the licensee may offset the loss against gross revenue in succeeding months

3-26  until the loss has been fully offset.

3-27    12.  If in any month [,] the amount of the license fee due is less than

3-28  zero, the licensee is entitled to receive a credit against any license fees due

3-29  in succeeding months until the credit has been fully offset.

3-30    Sec. 2.  This act becomes effective on July 1, 2001.

 

3-31  H