Senate Bill 0214
DIGEST OF SB214 (Updated February 1, 2000 6:28 PM - DI 84)
Minority contractors, Indiana farm products. Requires the Indiana horse racing commission to develop a strategic assessment and recommend targeted priorities for the use of Indiana produced agricultural commodities, goods, products, and services within the equine industry. Requires the Indiana gaming commission to conduct at least an annual audit of riverboat licenses to determine compliance with expenditure goals. Removes the prohibition on a riverboat owner from owning more than a 10% interest in another riverboat but provides that a riverboat owner may not acquire more than a 10% interest in another riverboat until the owner meets the minimum requirements for contracts with minority and women's business enterprises. Provides that a person may not acquire a controlling interest ownership in more than two riverboat licenses. Provides that a person who holds a controlling interest in two riverboat licenses may not acquire more than a 10% ownership interest in one other person holding a riverboat owner's license.
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