RELATING TO THE ECONOMY.
What changed between versions
Establishes new Chapter on Casino Gaming authorizing casino operations at Hawaii Convention Center and New Aloha Stadium Entertainment District
Creates comprehensive definitions for casino gaming, affiliates, suppliers, occupational licenses, and other gaming-related terms
Establishes Hawaii Gaming Control Commission with five members appointed by governor with senate confirmation
Mandates $200,000 bond from casino licensees and $5,000 annual supplier license fees
Requires casino operators to invest at least $50 million in facility development and provide job training for residents
Amends civil service exemptions to include gaming commission positions and related employment
Imposes 15% wagering tax on casino gross receipts with revenues deposited to state general fund
Requires $150 million one-time license fee paid in two $75 million installments
Sets strict eligibility criteria for casino applicants including no criminal convictions and no involvement in gambling-related offenses
Grants commission authority to inspect facilities, seize records, impose fines up to $10,000, and revoke licenses
Exempts casino gaming from certain state taxes and exempts casino facility construction from property assessment requirements
Sets 30-day application deadline after commission's initial meeting and 90-day selection period for casino licensees