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This amendment
replaces sections of Committee Amendment "A" regarding sports
wagering with new license eligibility criteria, license fees, license terms,
percentage of taxes on adjusted gross sports wagering receipts,
facility-specific tax rates, non-tribal entity mobile operator specific tax
rates and tribal entity mobile operator specific tax rates. Changes to
licensing eligibility and terms will decrease General Fund revenue by an
estimated $41,000 in fiscal year 2022-23, but shorter license terms will
increase General Fund license revenue by $3,750 in fiscal year 2023-24 and by
$1,219,750 in fiscal year 2024-25. The changes to specific tax rates on
facilities, non-tribal mobile operators and tribal mobile operators entities
will result in Other Special Revenue Funds revenue increases of $155,251
beginning in fiscal year 2022-23. The
amendment does not change the staffing requirements of the Gambling Control
Unit or other provisions related to the appropriations and allocations
contained in Committee Amendment "A." |