PRINTER'S NO. 4357
No. 837 Session of 2004
INTRODUCED BY TANGRETTI, LEVDANSKY, DeWEESE, VEON, MICOZZIE,
ARMSTRONG, BAKER, BEBKO-JONES, BELFANTI, CASORIO, CAWLEY,
CRAHALLA, DALEY, DALLY, EGOLF, FAIRCHILD, FLEAGLE, FLICK,
FRANKEL, GEORGE, GOOD, GOODMAN, GRUCELA, HANNA, HARHAI,
HARPER, HARRIS, HENNESSEY, HERMAN, HERSHEY, HESS, HICKERNELL,
HUTCHINSON, KENNEY, LEACH, LEH, MANDERINO, MARKOSEK,
McILHATTAN, MYERS, O'NEILL, PALLONE, PETRARCA, PISTELLA,
READSHAW, REICHLEY, RUBLEY, SCHRODER, SCRIMENTI, SHANER,
R. STEVENSON, T. STEVENSON, TIGUE, TRUE, VITALI, WALKO, WILT,
WOJNAROSKI, WRIGHT, YOUNGBLOOD, YUDICHAK AND TURZAI,
SEPTEMBER 2, 2004
REFERRED TO COMMITTEE ON RULES, SEPTEMBER 2, 2004
A RESOLUTION
1 Amending the Rules of the House of Representatives, providing
2 for financial interests in gaming licenses.
3 Resolved, That the Rules of the House of Representatives be
4 amended by adding a rule to read:
5 RULE 65 (b)
6 Member Financial Interest in Gaming Licensees
7 (1) No member nor a member of his immediate family may have
8 a financial interest in or be employed, directly or indirectly,
9 by any of the following:
10 (a) A corporation licensed under the act of December 17,
11 1981 (P.L.435, No.135), known as the Race Horse Industry
12 Reform Act.
13 (b) A gaming entity licensed under 4 Pa.C.S. Pt. II
1 (relating to gaming).
2 (c) Any holding, affiliate, intermediary or subsidiary
3 company of a corporation or entity under paragraph (a) or
4 (b).
5 (d) Any applicant for any of the licenses enumerated in
6 subparagraph (a) or (b).
7 (2) Definitions:
8 "Financial interest" shall mean owning or holding securities
9 or other ownership interest in a licensed corporation or
10 licensed gaming entity, or any holding company, affiliate,
11 intermediary or subsidiary business of the licensed corporation
12 or licensed gaming entity.
13 "Member of immediate family" shall mean a parent, spouse,
14 minor or unemancipated child, brother or sister.
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