129th MAINE LEGISLATURE
		LD 1797		LR 1878(02)
	An Act To Amend the Advance Deposit Wagering Laws
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Veterans and Legal Affairs
	Fiscal Note Required: Yes
Fiscal Note
			FY 2019-20	FY 2020-21	Projections  FY 2021-22	Projections  FY 2022-23
Net Cost (Savings)
	General Fund		$92,806	$127,376	$130,759	$134,237
Appropriations/Allocations
	General Fund		$93,046	$127,628	$131,024	$134,515
	Other Special Revenue Funds		$2,160	$2,268	$2,380	$2,501
Revenue
	General Fund		$240	$252	$265	$278
	Other Special Revenue Funds		$24,660	$2,268	$2,380	$2,501
Fiscal Detail and Notes
	This bill repeals provisions in current law that directed the Gambling Control Unit (GCU) within the Department of Public Safety to award one entity through a competitive bidding process a license to conduct advance deposit wagering and instead allows commercial tracks, off-track betting facilities and multijurisdictional account wagering providers to be licensed to participate in advance deposit wagering.  Advance deposit wagering licensees are directed to remit 4% of their gross advance deposit wagering income to the GCU for distribution as follows:
			Of the 4% remitted for:		In-State Races	Out of State Races
	Credited to the General Fund				10%	10%
	Fund to Stabilize Off-Track Betting Facilities (OSR)				20%	36%
	Sire Stakes Fund (OSR)				1%	1%
	Agricultural Fair Support Fund (OSR)				10%	10%
	Fund to Supplement Harness Racing Purses (OSR)				24%	7%
	Fund to Encourage Racing at Maine's Commerical Tracks (OSR)				35%	36%
	The State's share of the advance deposit wagering in fiscal year 2019-20 is anticipated to generate only $2400 in revenue of which $240 will be credited to the General Fund and $2,160 will be distributed into the various Other Special Revenue Funds accounts listed above.  In fiscal year 2020-21, General Fund revenue is estimated to be $252 and Other Special Revenue Funds revenue is estimated to be $2,268. Corresponding Other Special Revenue Funds allocations are included to allow for the expenditure of the funds.
	License and application fees are estimated to generate $22,500 in fiscal year 2019-20 with additional revenue in fiscal year 2024-25 when the 5-year licenses are renewed.  License fee revenue assumes that five off-track betting facilities and 10 multijurisdictional account wagering providers will seek licensure.  This bill also includes appropriations to the GCU of $93,046 in fiscal year 2019-20 and $127,628 in fiscal year 2020-21 for one Public Safety Manager II position and associated All Other costs.