CHAPTER........

Section 1. Chapter 463 of NRS is hereby amended by adding thereto a

new section to read as follows:

Sec. 2. NRS 463.0129 is hereby amended to read as follows:

1. 463.0129 1. The legislature hereby finds, and declares to be the

1. protect the public health, safety, morals, good order and general welfare of

1. the inhabitants of the state, to foster the stability and success of gaming and

1. to preserve the competitive economy and policies of free competition of the

1. State of Nevada.

1. (e) To ensure that gaming is conducted honestly, competitively and free

1. of criminal and corruptive elements, all gaming establishments in this state

1. must remain open to the general public and the access of the general public

1. to gaming activities must not be restricted in any manner except as

1. provided by the legislature.

1. 2. No applicant for a license or other affirmative commission approval

1. has any right to a license or the granting of the approval sought. Any

1. license issued or other commission approval granted pursuant to the

1. provisions of this chapter or chapter 464 of NRS is a revocable privilege,

1. and no holder acquires any vested right therein or thereunder.

1. 3. This section does not:

1. (a) Abrogate or abridge any common law right of a gaming

1. establishment to exclude any person from gaming activities or eject any

1. person from the premises of the establishment for any reason; or

1. (b) Prohibit a licensee from establishing minimum wagers for any

1. gambling game or slot machine.

Sec. 3. NRS 463.120 is hereby amended to read as follows:

1. 463.120 1. The board and the commission shall cause to be made and

1. commission from any source;
2. (c) Provided to the members, agents or employees of the board or

1. commission by a governmental agency or an informer or on the assurance

1. that the information will be held in confidence and treated as confidential;

1. (e) Prepared or obtained by an agent or employee of the board or

1. commission relating to an application for a license, a finding of suitability

1. or any approval that is required pursuant to the provisions of this
   chapter,

1. are confidential and may be revealed in whole or in part only in the course

1. of the necessary administration of this chapter or upon the lawful order of a

1. court of competent jurisdiction. The board and commission may reveal

1. such information and data to an authorized agent of any agency of the

1. United States Government, any state or any political subdivision of a state

1. or the government of any foreign country. Notwithstanding any other

1. provision of state law, such information may not be otherwise revealed

1. without specific authorization by the board or commission.

1. 5. Before the beginning of each legislative session, the board shall

1. submit to the legislative commission for its review and for the use of the

1. legislature a report on the gross revenue, net revenue and average

1. depreciation of all licensees, categorized by class of licensee and

1. geographical area and the assessed valuation of the property of all

1. licensees, by category, as listed on the assessment rolls.

1. 6. Notice of the content of any information or data furnished or

1. released pursuant to subsection 4 may be given to any applicant or licensee

1. in a manner prescribed by regulations adopted by the commission.

1. 7. The files, records and reports of the board are open at all times to

1. inspection by the commission and its authorized agents.

1. 8. All files, records, reports and other information pertaining to gaming

1. matters in the possession of the Nevada tax commission must be made

1. available to the board and the Nevada gaming commission as is necessary

1. to the administration of this chapter.

1. 9. The Nevada gaming commission, by the affirmative vote of a

1. majority of its members, may remove from its records the name of a debtor

1. and the amount of tax, penalty and interest, or any of them, owed by him, if

1. after 5 years it remains impossible or impracticable to collect such

1. amounts. The commission shall establish a master file containing the

1. information removed from its official records by this section.

Sec. 4. NRS 463.15993 is hereby amended to read as follows:

Sec. 6. NRS 463.170 is hereby amended to read as follows:

1. 463.170 1. Any person who the commission determines is qualified

1. d
2. (2) From a suitable source.

1. Any lender or other source of money or credit which the commission finds

1. does not meet the standards set forth in subsection 2 may be deemed

1. unsuitable.

1. 4. An application to receive a license or be found suitable constitutes a

1. request for a determination of the applicant’s general character, integrity,

1. and ability to participate or engage in, or be associated with gaming or the

1. operation of a charitable lottery, as appropriate. Any written or oral

1. statement made in the course of an official proceeding of the board or

1. commission by any member thereof or any witness testifying under oath

1. which is relevant to the purpose of the proceeding is absolutely privileged

1. and does not impose liability for defamation or constitute a ground for

1. recovery in any civil action.

1. 5. The commission may in its discretion grant a license to:

1. (a) A publicly traded corporation which has complied with the

1. provisions of NRS 463.625 to 463.643, inclusive;

1. (b) Any other corporation which has complied with the provisions of

1. NRS 463.490 to 463.530, inclusive;

1. (c) A limited partnership which has complied with the provisions of

1. NRS 463.564 to 463.571, inclusive; and

1. (d) A limited-liability company which has complied with the provisions

1. of NRS 463.5731 to 463.5737, inclusive.

1. 6. No limited partnership, except one whose sole limited partner is a

1. publicly traded corporation which has registered with the commission, or a

1. limited-liability company, or business trust or organization or other

1. association of a quasi-corporate character is eligible to receive or hold any

1. license under this chapter unless all persons having any direct or indirect

1. interest therein of any nature whatever, whether financial, administrative,

1. policymaking or supervisory, are individually qualified to be licensed under

1. the provisions of this chapter.

1. 7. The commission may, by regulation:

1. (a) Limit the number of persons who may be financially interested and

1. the nature of their interest in any corporation, other than a publicly traded

1. corporation, limited partnership, limited-liability company or other

1. organization or association licensed under this chapter; and

1. (b) Establish such other qualifications for licenses as it may, in its

1. discretion, deem to be in the public interest and consistent with the declared

1. policy of the state.

Sec. 7. NRS 463.245 is hereby amended to read as follows:

1. would result in more than one licensed operation at a single establishment,

1. whether or not the profits or revenue from gaming are shared between the

1. licensed operations.

1. 2. A person who has been issued a nonrestricted gaming license may

1. establish a sports pool or race book on the premises of the establishment at

1. which he conducts a nonrestricted gaming operation only after obtaining

1. permission from the commission.

1. 3. A person who has been issued a license to operate a sports pool or

1. race book at an establishment may be issued a license to operate a sports

1. pool or race book at another establishment if the second establishment is

1. operated by a person who has been issued a nonrestricted license.

1. 4. Nothing in this section limits or prohibits an operator of an inter

1. premises of two or more gaming licensees and receiving, either directly or

1. indirectly, any compensation or any percentage or share of the money or

1. An inter-casino linked system must not be used to link games other than

1. slot machines, unless such games are located at an establishment that is

1. licensed for games other than slot machines.

Sec. 8. NRS 463.305 is hereby amended to read as follows:

1. 463.305 1. Any person who operates or maintains in this state any

Sec. 9. NRS 463.370 is hereby amended to read as follows:

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

1. month, the commission shall charge and collect the fee prescribed in
2. subsection 1, based upon the gross revenue for the preceding calendar

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

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

1. of the license fee for the third month following the month whose gross

1. revenue is used as its basis.

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

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

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

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

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

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

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

1. fee due for the first full calendar month of operation must be accompanied

1. by the payment of a fee equal to three times the fee for the first full

1. calendar month. This additional amount is an estimated payment of the

1. license fees for the next 3 calendar months. Thereafter, each license fee

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

1. the commission on July 1, 1969, must be treated as an advance estimated

1. payment.

1. 4. All revenue received from any game or gaming device which is

1. operated on the premises of a licensee, regardless of whether any portion of

1. the revenue is shared with any other person, must be attributed to the

1. licensee for the purposes of this section and counted as part of the gross

1. with the commission, on or before the 24th day of each calendar month, a

1. report showing the amount of all gross revenue received during the

1. preceding calendar month. Each report must be accompanied by:

1. (a) The fee due based on the revenue of the month covered by the

1. report; and

1. (b) An adjustment for the difference between the estimated fee

1. previously paid for the month covered by the report, if any, and the fee due

1. for the actual gross revenue earned in that month. If the adjustment is less

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

1. pursuant to this section is later determined to be greater or less than the

1. amount actually reported and paid, the commission shall:

1. (a) Charge and collect the additional license fees determined to be due,

1. with interest thereon until paid; or

1. (b) Refund any overpayment to the person entitled thereto pursuant to

1. this chapter, with interest thereon.

1. Interest must be computed at the rate prescribed in NRS 17.130 from the

1. first day of the first month following either the due date of the additional

1. license fees or the date of overpayment until paid.

1. deemed a surrender of the license at the expiration of the period for which

1. the estimated payment of fees has been made, as established in subsection

1. 2.

1. the fee prescribed in subsection 1 must not be prorated.

1. ceases operation, the commission shall:

1. (a) Charge and collect the additional license fees determined to be due

1. with interest; or

1. (b) Refund any overpayment, with interest thereon, to the licensee,

1. based upon the gross revenue of the licensee during the last 3 months

1. immediately preceding the cessation of operation, or portions of those last

1. 3 months.

1. zero, the licensee may offset the loss against gross revenue in succeeding

1. months until the loss has been fully offset.

1. zero, the licensee is entitled to receive a credit against any license fees due

1. in succeeding months until the credit has been fully offset.

Sec. 10. NRS 463.375 is hereby amended to read as follows:

1. 463.375 1. In addition to any other state gaming license fees

Sec. 11. NRS 463.385 is hereby amended to read as follows:

1. 463.385 1. In addition to any other license fees and taxes imposed by

1. monthly after July 31.
2. (c) Include the proceeds of the tax in its reports of state gaming taxes

1. collected.

1. treasurer to be deposited to the credit of the state distributive school

1. account in the state general fund, and the capital construction fund for

1. higher education and the special capital construction fund for higher

1. education, which are hereby created in the state treasury as special revenue

1. funds, in the amounts and to be expended only for the purposes specified in

1. this section.

1. paid over to him by the commission as follows:

1. (a) The first $5,000,000 of the tax in the capital construction fund for

1. higher education;

1. (b) Twenty percent of the tax in the special capital construction fund for

1. higher education; and

1. (c) The remainder of the tax in the state distributive school account in

1. the state general fund.

1. capital construction fund for higher education on July 31 of each year the

1. amount necessary to pay the principal and interest due in that fiscal year on

1. the bonds issued pursuant to section 5 of chapter 679, Statutes of Nevada

1. 1979, as amended by chapter 585, Statutes of Nevada 1981, at page 1251,

1. the bonds authorized to be issued by section 2 of chapter 643, Statutes of

1. authorized to be issued by section 2 of chapter 718, Statutes of Nevada

1. balance in that fund is not sufficient for this purpose, the remainder

1. necessary is hereby appropriated on July 31 from the capital construction

1. fund for higher education. The balance remaining unappropriated in the

1. capital construction fund for higher education on August 1 of each year and
2. all amounts received thereafter during the fiscal year must be transferred to

1. the state general fund for the support of higher education. If bonds

1. described in this subsection are refunded and if the amount required to pay

1. the principal of and interest on the refunding bonds in any fiscal year

1. during the term of the bonds is less than the amount that would have been

1. required in the same fiscal year to pay the principal of and the interest on

1. the original bonds if they had not been refunded, there is appropriated to

1. the University and Community College System of Nevada an amount

1. sufficient to pay the principal of and interest on the original bonds, as if

1. they had not been refunded. The amount required to pay the principal of

1. and interest on the refunding bonds must be used for that purpose from the

1. amount appropriated. The amount equal to the saving realized in that fiscal

1. year from the refunding must be used by the University and Community

1. College System of Nevada to defray, in whole or in part, the expenses of

1. operation and maintenance of the facilities acquired in part with the

1. proceeds of the original bonds.

1. each fiscal year, when specific projects are authorized by the legislature,

1. money in the capital construction fund for higher education and the special

1. capital construction fund for higher education must be transferred by the

1. state controller and the state treasurer to the state public works board for

1. the construction of capital improvement projects for the University and

1. Community College System of Nevada, including, but not limited to,

1. capital improvement projects for the community colleges of the University

1. and Community College System of Nevada. As used in this subsection,

1. "construction" includes, but is not limited to, planning, designing, acquiring

1. and developing a site, construction, reconstruction, furnishing, equipping,

1. replacing, repairing, rehabilitating, expanding and remodeling. Any money

1. remaining in either fund at the end of a fiscal year does not revert to the

1. state general fund but remains in those funds for authorized expenditure.

1. the state general fund under this section must be apportioned as provided in

1. NRS 387.030 among the several school districts of the state at the times

1. and in the manner provided by law.

1. money in the capital construction fund for higher education and the special

1. capital construction fund for higher education for the payment of interest

1. and amortization of principal on bonds and other securities, whether issued

1. before, on or after July 1, 1979, to defray in whole or in part the costs of

1. any capital project authorized by the legislature.

Sec. 12. An inter-casino linked system that is being operated on the

effective date of this act may continue to be operated in accordance with

the provisions of this act until the earlier of July 1, 2000, or the date on

which the inter-casino linked system is separately approved by the

commission pursuant to regulations adopted by the commission. No inter-

casino linked system may be operated or exposed for play after July 1,

2000, unless all licenses and approvals have been obtained by the operator

of the inter-casino linked system in accordance with the provisions of this

act and the regulations adopted by the commission pursuant thereto.

Sec. 13. This act becomes effective upon passage and approval.

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