An Act To Regulate Mixed Martial Arts Competitions, Exhibitions and Events
Sec. 1. 5 MRSA §12004-G, sub-§4-D is enacted to read:
Amusements and Sports | Mixed Martial Arts Authority of Maine | Expenses only | 8 MRSA c. 20 |
Sec. 2. 8 MRSA c. 20 is enacted to read:
CHAPTER 20
MIXED MARTIAL ARTS
§ 521. Definitions
As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.
§ 522. Mixed Martial Arts Authority of Maine
§ 523. Powers of authority
In furtherance of its purpose, the authority shall, no later than March 1, 2010:
§ 524. Promotion fees
In addition to the requirements set by rule pursuant to section 523, a promoter of a mixed martial arts competition, exhibition or event authorized under this chapter must pay a fee set by the authority in advance of the mixed martial arts competition, exhibition or event. A promoter who fails to pay the fee required pursuant to this section is prohibited from promoting the competition as well as any further competitions, exhibitions or events held under this chapter until the fee and any penalties are paid in full or satisfactory arrangements are made with the authority.
§ 525. Fund established; excess revenue to be deposited into General Fund
The authority shall establish and maintain a reserve fund called the "Mixed Martial Arts Reserve Fund" and shall deposit in the fund all money received pursuant to section 522, as well as any other money or funds from any other sources. At the close of each fiscal year, the State Controller shall transfer from the fund any revenue in excess of operating expenses to the General Fund.
§ 526. Prohibited interests of officers, directors and employees
A director of the authority or a spouse, domestic partner or dependent child of a director of the authority may not receive any direct personal benefit from the activities or undertakings of the authority. This section does not prohibit corporations or other entities with which a director is associated by reason of ownership or employment from participating in mixed martial arts activities if ownership or employment is made known to the authority and the director abstains from voting on matters relating to that participation.
§ 527. Limitations of powers
The authority may not enter into contracts, obligations or commitments of any kind on behalf of the State or any of its agencies. No contract, obligation, commitment, agreement, debt, act or undertaking of the authority of any nature binds the State or any of its agencies.
§ 528. Penalty
A person who fails to comply with the rules adopted by the authority may be subject to disqualification from participation in, or promotion of, mixed martial arts events.
Sec. 3. 17-A MRSA §515, sub-§2-A is enacted to read:
Sec. 4. Staggered terms. Notwithstanding the Maine Revised Statutes, Title 8, section 522, subsection 5, in making the original appointments to the board of directors of the Mixed Martial Arts Authority of Maine, the Governor shall appoint members to terms of less than 3 years in order to stagger the terms. A successor's term is 3 years from the date of the expiration of the original term, regardless of the date of appointment.
Sec. 5. Appropriations and allocations. The following appropriations and allocations are made.
MIXED MARTIAL ARTS AUTHORITY OF MAINE
Mixed Martial Arts Reserve Fund N079
Initiative: Provides a base allocation in the event that funds are received to support the operating expenses of the Mixed Martial Arts Authority of Maine.
OTHER SPECIAL REVENUE FUNDS | 2009-10 | 2010-11 |
All Other
|
$500 | $500 |
OTHER SPECIAL REVENUE FUNDS TOTAL | $500 | $500 |