0001|               SENATE FINANCE COMMITTEE SUBSTITUTE FOR
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0002|                           SENATE BILL 423
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0003|     43rd legislature - STATE OF NEW MEXICO - second session, 1998
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0004|                                   
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0005|     
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0006|     
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0007|                                   
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0008|     
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0009|                                   
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0010|     
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0011|                                AN ACT
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0012|     RELATING TO THE PUBLIC PEACE, HEALTH, SAFETY AND WELFARE;
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0013|     AMENDING SECTION 60-2E-44 NMSA 1978 (BEING LAWS 1997, CHAPTER
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0014|     190, SECTION 46) TO CHANGE REQUIREMENTS FOR LICENSURE OF
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0015|     GAMING MACHINES.
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0016|     
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0017|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0018|          Section 1.  Section 60-2E-44 NMSA 1978 (being Laws 1997,
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0019|     Chapter 190, Section 46) is amended to read:
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0020|          "60-2E-44.  MACHINE SPECIFICATIONS.--To be eligible for
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0021|     licensure, each gaming machine shall meet all specifications
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0022|     established by regulations of the board and:
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0023|               A.  be unable to be manipulated in a manner that
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0024|     affects the random probability of winning plays or in any
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0025|     other manner determined by the board to be undesirable;
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<center>- 1 -</center>0001|               B.  have at least one mechanism that accepts coins
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0002|     or currency, but does not accept bills of denominations
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0003|     greater than twenty dollars ($20.00);
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0004|               C.  be capable of having play suspended through the
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0005|     central system by the executive director until he resets the
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0006|     gaming machine;
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0007|               D.  house nonresettable mechanical and electronic
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0008|     meters within a readily accessible locked area of the gaming
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0009|     machine that maintain a permanent record of all money inserted
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0010|     into the machine, all cash payouts of winnings, all refunds of
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0011|     winnings, all credits played for additional games and all
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0012|     credits won by players;
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0013|               E.  be capable of printing out, at the request of
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0014|     the executive director, readings on the electronic meters of
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0015|     the machine;
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0016|               F.  for machines that do not dispense coins or
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0017|     tokens directly to players, be capable of printing a ticket
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0018|     voucher stating the value of a cash prize won by the player at
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0019|     the completion of each game, the date and time of day the game
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0020|     was played in a twenty-four-hour format showing hours and
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0021|     minutes, the machine serial number, the sequential number of
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0022|     the ticket voucher and an encrypted validation number for
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0023|     determining the validity of a winning ticket voucher;
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0024|               G.  be capable of being linked to the board's
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0025|     central system for the purpose of being monitored continuously
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<center>- 2 -</center>0001|     as required by the board;
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0002|               H.  provide for a payback value for each credit
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0003|     wagered, determined over time, of not less than eighty percent or
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0004|     more than ninety-six percent;
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0005|               I.  meet the standards and specifications set by laws
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0006|     or regulations of the states of Nevada and New Jersey for gaming
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0007|     machines, whichever are more stringent, <u>unless this requirement
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<u></u>0008| <u>    is waived by the board</u>; 
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0009|               J.  offer only games authorized and examined by the
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0010|     board; and
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0011|               K.  display the gaming machine license issued for that
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0012|     machine in an easily accessible place, before and during the time
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0013|     that a machine is available for use."
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0014|                                   
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0015|          
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