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129th MAINE LEGISLATURE |
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LD 553 |
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LR 69(03) |
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An Act To Ensure
Proper Oversight of Sports Betting in the State |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Veterans and Legal Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Net Cost
(Savings) |
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General Fund |
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($1,311,000) |
($2,622,000) |
($5,244,000) |
($5,244,000) |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$217,258 |
$317,576 |
$510,972 |
$514,463 |
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| Revenue |
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General Fund |
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$1,311,000 |
$2,622,000 |
$5,244,000 |
$5,244,000 |
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Other Special Revenue Funds |
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$565,250 |
$193,250 |
$837,250 |
$383,250 |
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| Correctional and
Judicial Impact Statements |
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Increases the
number of civil cases filed in the court system. No estimate of the number of
new cases is made. The collection of additional filing fees and fine revenue
may increase General Fund and other dedicated revenue by minor amounts. |
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| Fiscal Detail
and Notes |
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This bill
authorizes the Gambling Control Unit (GCU) within the Department of Public
Safety, to regulate sports wagering in the State and directs that 10% of
gross sports wagering facility revenue and 16% of gross sports wagering
mobile revenue be credited to the General Fund, 1% be credited to the GCU for
administrative expenses and 1% be credited to the Gambling Addiction and
Prevention Treatment Fund. Facility
and mobile operators will retain the remainder of the gross. General fund revenue of $1,311,00 in fiscal
year 2019-20 and $2,622,000 in fiscal year 2020-21 and Other Special Revenue
Funds revenue of $95,000 in fiscal year 2019-20 and $190,000 in fiscal year
2020-21 is estimated to be generated from sports wagering. The estimate prorates assumptions contained
in the May 2017, Oxford Economics' "Economic Impact of Legalized Sports
Betting" report, using the criteria of moderate availability for
in-person sports wagering and convenient availability for mobile
wagering. |
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This bill includes
Other Special Revenue Funds allocations of $122,258 in fiscal year 2019-20
and $127,576 in fiscal year 2020-21 for one Public Safety Manager II position
and associated All Other costs. The
bill creates facility sports wagering licenses, mobile sports wagering
licenses, supplier licenses, management services licenses and employee
occupational licenses. License fees are estimated to generate Other Special
Revenue Funds revenue of $470,250 in fiscal year 2019-20 and $3,250 in fiscal
year 2020-21. License fee revenue
assumes that two casinos and one commercial racetrack will have both facility
and mobile sports betting, four off-track betting facilities will have
facility betting only, one off-track betting facility will have a facility
license and a mobile license and two Indian tribes will only seek mobile
licenses. This estimate also assumes
that six online vendors will pursue either a supplier or management license
through a partnership with an existing entity to access the Maine gaming
market. |
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This bill also
includes Other Special Revenue Funds allocations to the Department of Health
and Human Services of $95,000 in fiscal year 2019-20 and $190,000 in fiscal
year 2020-21 to allow expenditure of sports betting revenue. Additional costs to the Department of
Public Safety associated with performing criminal history background checks
can be absorbed within existing budgeted resources. |
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