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Bill > HB1275
TX HB1275
TX HB1275Relating to the regulation of sports betting; requiring an occupational permit; authorizing a fee; imposing a tax; creating criminal offenses.
summary
Introduced
02/01/2019
02/01/2019
In Committee
02/27/2019
02/27/2019
Crossed Over
Passed
Dead
05/27/2019
05/27/2019
Introduced Session
86th Legislature Regular Session
Bill Summary
Relating to the regulation of sports betting; requiring an occupational permit; authorizing a fee; imposing a tax; creating criminal offenses.
AI Summary
This bill:
1. Establishes a sports betting program in Texas to be operated by the Texas Commission of Licensing and Regulation, which will issue permits to entities to engage in sports betting operations in the state.
2. Requires a $250,000 application fee and a $200,000 renewal fee for sports betting permits, and imposes a 6.25% tax on each sports bet, with the tax revenue deposited into the state's foundation school fund.
3. Prohibits sports betting on Texas college sports and youth sports, as well as bets placed by certain individuals such as commission/department employees and sports participants.
4. Provides civil and criminal penalties for violations of the law, including permit suspension or revocation and monetary fines.
5. Takes effect only if a constitutional amendment authorizing sports betting in Texas is approved by voters.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Referred to Licensing & Administrative Procedures (on 02/27/2019)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=86R&Bill=HB1275 |
| BillText | https://capitol.texas.gov/tlodocs/86R/billtext/html/HB01275I.htm |
| Bill | https://capitol.texas.gov/tlodocs/86R/billtext/pdf/HB01275I.pdf |
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