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131st MAINE LEGISLATURE |
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LD 1992 |
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LR 2284(02) |
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An Act to
Legalize Historical Horse Racing and Electronic Beano to Allow Maine Gaming
Licensees and Federally Recognized Indian Tribes to Compete with Other Gaming
States |
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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 |
Potential current biennium revenue increase - Other Special
Revenue Funds
Contingent current biennium cost increase - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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This bill
authorizes the Gambling Control Unit within the Department of Public Safety
to allow the licensed operation of electronic beano terminals and historical
horse racing terminals by federally recognized Indian tribes and the licensed
operation of historical horse racing terminals by off-track betting
facilities and commercial tracks. The bill directs that 25% of the net
terminal incomes from the devices be credited to the GCU for distribution as
follows: |
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Gambling
Control Unit Admin Expenses (OSR) |
1% |
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Gambling
Addiction Prevention and Treatment Fund |
2% |
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Substance
Use Disorder Assistance Program |
2% |
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Agricultural
Fair Support Fund |
2% |
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Fund
to Supplement Harness Racing Purses |
4% |
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Harness
Racing Promotional Fund |
1% |
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Fund
to Encourage Racing at Maine's Commercial Tracks |
1% |
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Sire Stakes Fund |
2% |
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Coordinated Veterans Assistance
Fund |
2% |
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Maine Veterans' Homes
Stabilization Fund |
6% |
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Municipalities where terminals are located |
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2% |
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The amount of
additional Other Special Revenue Funds revenue generated by the operation of
terminals and the associated license revenue will depend on the number and
location of terminals registered. If all entities who qualify to seek a
license do so, the additional licensing, administrative, and compliance
activities associated with the terminals may increase the workload on the GCU
staff. Any such increase is expected to be gradual and additional staffing
for the GCU may need to be addressed in future budgets. |
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