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130th MAINE LEGISLATURE |
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LD 1352 |
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LR 546(03) |
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An Act To Regulate
Sports Betting |
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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 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Net Cost
(Savings) |
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General Fund |
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($2,784,088) |
($4,459,707) |
($6,365,953) |
($7,125,982) |
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Appropriations/Allocations |
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General Fund |
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$119,350 |
$124,668 |
$128,578 |
$132,612 |
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Other Special Revenue Funds |
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$358,625 |
$566,250 |
$802,188 |
$896,563 |
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Revenue |
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General Fund |
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$2,903,438 |
$4,584,375 |
$6,494,531 |
$7,258,594 |
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Other Special Revenue Funds |
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$2,873,063 |
$1,418,125 |
$3,811,969 |
$2,243,907 |
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Correctional and
Judicial Impact Statements |
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This bill may
increase the number of civil suits filed in the court system.
The additional workload associated with the minimal number of new cases
filed in the court system does not require additional funding at this time.
The collection of additional filing fees 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 State as follows: 1% to the GCU for administrative
expenses; 1% to the Gambling Addiction and Prevention Treatment Fund; 0.55%
to the State Harness Racing Commission to be distributed to entities that
conduct live harness racing in the State; 0.55% to the Sire Stakes Fund; 0.4%
to the Agricultural Fair Promotion Fund established in the bill and the
remainder (6.5% of facility wagering and 12.5% of mobile wagering) to the
General Fund. Facility and mobile operators
will retain the remainder of the gross.
Based on 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, General Fund revenues are
estimated to be $2,903,438 in fiscal year 2021-22 and $4,584,375 in fiscal
year 2022-23 and Other Special Revenue Funds revenues are estimated to be
$896,563 in fiscal year 2021-22 and $1,415,625 in fiscal year 2022-23. |
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This bill includes
General Fund appropriations to the Department of Public Safety of $119,350 in
fiscal year 2021-22 and $124,668 in fiscal year 2022-23 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 $1,976,500 in fiscal year 2021-22 and
$2,500 in fiscal year 2022-23. License
fee revenue assumes that two casinos will have both facility and mobile
sports betting, four off-track betting facilities and one commerical track
will have facility betting only, twelve mobile operators will have mobile
licenses, and four Indian tribes will have facility only. |
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This bill also
includes Other Special Revenue Funds allocations to the Department of Health
and Human Services of $358,625 in fiscal year 2021-22 and $566,250 in fiscal
year 2022-23 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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