summary
Introduced
01/19/2023
01/19/2023
In Committee
01/19/2023
01/19/2023
Crossed Over
Passed
Dead
05/09/2024
05/09/2024
Introduced Session
125th General Assembly
Bill Summary
A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY APPROPRIATING ONE MILLION DOLLARS TO THE DEPARTMENT OF REVENUE TO BE USED IN THE ADMINISTRATION OF THE PRIVILEGE TAX; BY ADDING CHAPTER 23 TO TITLE 52 ENTITLED "INTERACTIVE WAGERING" SO AS TO PROVIDE THAT CERTAIN SPORTS WAGERING IS LAWFUL, TO PROVIDE DEFINITIONS, TO PROVIDE THAT A LICENSEE IS SUBJECT TO CERTAIN PROVISIONS, TO PROVIDE FOR A CERTAIN PRIVILEGE TAX, TO PROVIDE THAT THE COMMISSION SHALL ISSUE CERTAIN LICENSES, TO PROVIDE THAT THE COMMISSION SHALL ISSUE CERTAIN SUPPLIER LICENSES, TO PROVIDE FOR WHO MAY NOT APPLY FOR OR OBTAIN A LICENSE, TO PROVIDE FOR WHO MAY OR MAY NOT PLACE CERTAIN BETS, TO PROVIDE FOR THE USE OF OFFICIAL LEAGUE DATA, TO PROVIDE FOR RESTRICTIONS ON LICENSEES, TO PROVIDE THAT A LICENSEE SHALL ALLOW BETTORS TO PLACE CERTAIN RESTRICTIONS ON THEMSELVES, TO PROVIDE THAT CERTAIN WAGERS ARE ENFORCEABLE CONTRACTS, TO PROVIDE THAT EACH LICENSEE SHALL ADOPT CERTAIN HOUSE RULES, TO PROVIDE FOR CERTAIN REPORTS, TO PROVIDE FOR CERTAIN REGISTRATION, TO PROVIDE THE EQUINE AND SPORTS WAGERING COMMISSION MAY AUTHORIZE AND REGULATE INTERACTIVE SPORTS WAGERING, TO PROVIDE RELATED REQUIREMENTS CONCERNING THE REGULATION OF INTERACTIVE SPORTS WAGERING, TO PROVIDE FOR CERTAIN ANNUAL REPORTS, TO PROVIDE FOR CERTAIN REGULATIONS, TO PROVIDE THAT CERTAIN INDIVIDUALS MAY INSPECT BOOKS AND RECORDS AT CERTAIN TIMES, TO PROVIDE FOR CERTAIN INVESTIGATIONS, TO PROVIDE FOR AN APPELLATE PROCESS, TO PROVIDE FOR CIVIL PENALTIES, TO PROVIDE THAT IT IS UNLAWFUL TO TRANSMIT CERTAIN INFORMATION, TO CREATE THE "SOUTH CAROLINA EQUINE AND SPORTS WAGERING COMMISSION", TO PROVIDE FOR REMOVAL FROM THE COUNCIL, TO PROVIDE FOR AN EQUINE SUBCOMMITTEE, TO ESTABLISH A GRANT PROGRAM TO ASSIST THE GROWTH AND DEVELOPMENT OF THE EQUINE INDUSTRY IN SOUTH CAROLINA; TO PROVIDE DEFINITIONS; TO PROVIDE GUIDELINES FOR PARI-MUTUEL WAGERING; TO PROVIDE APPLICATION GUIDELINES FOR PARI-MUTUEL WAGERING; TO PROVIDE FOR APPLICATION AND LICENSE FEES; TO PROVIDE FOR THE EQUINE INDUSTRY DEVELOPMENT FUND; TO PROVIDE GUIDELINES AND PROTECTIONS FOR COMMITTEE MEMBERS; TO REQUIRE THE SUBCOMMITTEE TO SUBMIT AN ANNUAL REPORT; AND BY ADDING SECTION 16-19-135 SO AS TO PROVIDE THAT CERTAIN SPORTS WAGERING AND FANTASY SPORTS CONTESTS ARE NOT A VIOLATION OF CERTAIN LAWS.
AI Summary
This bill would:
- Appropriate $1 million to the Department of Revenue for administering a new privilege tax on sports wagering.
- Add a new chapter to the law to authorize and regulate interactive sports wagering in South Carolina. This includes provisions to license and tax sports wagering operators, restrict who can place bets, mandate use of official league data, impose operational requirements, and create an Equine and Sports Wagering Commission to oversee the industry.
- Establish a separate Equine Subcommittee within the Commission to regulate pari-mutuel horse racing and advance deposit wagering, and create a grant program funded by licensing fees to support the equine industry.
- Clarify that sports wagering and fantasy sports contests are not illegal under state law.
The bill is intended to legalize and regulate sports betting and interactive sports wagering in South Carolina, while also supporting the state's equine industry through licensing and grant funding.
Committee Categories
Budget and Finance
Sponsors (12)
Chris Murphy (R)*,
Bruce Bannister (R),
Beth Bernstein (D),
Gary Brewer (R),
Gil Gatch (R),
Bill Herbkersman (R),
Brandon Newton (R),
Weston Newton (R),
Russell Ott (D),
Todd Rutherford (D),
Mark Smith (R),
Deon Tedder (D),
Last Action
Scrivener's error corrected (on 04/04/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=3749&session=125&summary=B |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/3749_20230404.htm |
| Fiscal Note - H3749 2023-01-19 Introduced | https://www.scstatehouse.gov/sess125_2023-2024/fiscalimpactstatements/H3749%202023-01-19%20introduced.pdf |
| BillText | https://www.scstatehouse.gov/sess125_2023-2024/prever/3749_20230119.htm |
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