BOXING PROMOTERS, ETC. H.B. 4447: FLOOR ANALYSIS
House Bill 4447 (as reported without amendment)
Sponsor: Representative David Robertson
House Committee: Regulatory Reform
Senate Committee: Economic Development, Small Business and Regulatory Reform
CONTENT
The bill would amend the Michigan Boxing Regulatory Act to do the following:
-- Limit the good moral character requirement to applicants for a promoter's license.
-- Exclude a venue from the definition of "promoter", unless the venue contracted to be a co-promoter.
-- Provide that a promoter's license would be subject to revocation unless at least 10% of a purse were withheld until the results of a postcontest drug test were available, and provide for a formal complaint and hearing process if the results did not show compliance with the Act.
-- Delete requirements that applicants for a promoter's license disclose Federal income tax returns and financial information, and that the Department of Labor and Economic Growth (DLEG) use the information to determine the applicants' financial stability.
-- Require DLEG to take action against an applicant or a license for fraud or deceit in obtaining a license.
-- Require a person seeking a license as a professional judge to score at least 200 rounds of professional (rather than amateur) boxing.
MCL 338.11 et al. Legislative Analyst: J.P. Finet
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Date Completed: 6-2-05 Fiscal Analyst: Elizabeth Pratt
floor\hb4447 Analysis available @ http://www.michiganlegislature.org
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.
Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. hb4447/0506