Establishing The Show Place Arena Study Commission; specifying the membership, chair, and staffing of the Commission; requiring the Commission to perform specified duties and make specified recommendations; specifying that a member of the Commission may not receive compensation, but may receive specified reimbursement; requiring the Commission to report its findings and recommendations to the Governor and the General Assembly on or before December 1, 2012; and terminating the Act at the end of May 31, 2013.