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Bill > HB237
GA HB237
GA HB237State government; Southeast Georgia Soap Box Derby as official soap box derby of the State of Georgia; designate
summary
Introduced
02/02/2023
02/02/2023
In Committee
03/20/2023
03/20/2023
Crossed Over
02/27/2023
02/27/2023
Passed
Dead
03/28/2024
03/28/2024
Introduced Session
Potential new amendment
2023-2024 Regular Session
Bill Summary
AN ACT To amend Title 50 of the Official Code of Georgia Annotated, relating to state government, so as to authorize and provide for the regulation and taxation of sports betting in this state; to provide for additional powers and duties of the Georgia Lottery Corporation; to change certain provisions relating to the shortfall reserves maintained within the Lottery for Education Account; to provide for the corporation to engage in certain activities related to sports betting; to provide for a short title; to provide for legislative findings; to revise and provide for definitions; to provide for the corporation's powers and duties relative to sports betting; to provide for the procedures, limitations, requirements, and qualifications of the licensing of any person offering, operating, or managing sports betting in this state; to provide for rules and regulations promulgated by the corporation; to provide for a privilege tax; to require certain reports; to regulate wagers and provide requirements for bettors; to provide for bettors to restrict themselves from placing certain wagers; to provide certain resources for individuals with problem gambling or a betting or gambling disorder; to provide for the collection and disposition of fees and fines; to prohibit certain conduct by the corporation, employees of the corporation, licensees, and other persons; to provide for certain penalties; to provide for construction; to amend Part 1 of Article 2 of Chapter 12 of Title 16 of the Official Code of Georgia Annotated, relating to gambling, so as to exclude any consideration paid to a sports betting licensee from the definition of "bet"; to provide for the exemption of persons licensed for online sports betting from regulations and restrictions regarding gambling information; to amend Title 48 of the Official Code of Georgia Annotated, relating to revenue and taxation, so as to exempt wagers placed as part of sports betting; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
AI Summary
This bill authorizes and regulates sports betting in the state of Georgia. The key provisions include:
- Designating the Georgia Lottery Corporation as the master sports betting licensee and allowing it to offer online sports betting through licensed providers.
- Establishing a framework for licensing and regulating sports betting, including requirements for applicants, reserve funds, reporting, and responsible gambling measures.
- Imposing a 22% privilege tax on the adjusted gross income derived from online sports betting.
- Prohibiting certain individuals, such as minors, from placing wagers and establishing penalties for violations.
- Allowing professional sports governing bodies to request restrictions on certain types of bets that may undermine the integrity of their sporting events.
- Exempting wagers placed as part of sports betting from state sales and use tax.
Committee Categories
Business and Industry, Government Affairs
Sponsors (5)
Last Action
Senate Economic Development & Tourism Committee (08:00:00 3/12/2024 450 CAP) (on 03/12/2024)
Official Document
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.legis.ga.gov/legislation/64000 |
| Sen floor amend 5 AM 36 0953 | https://www.legis.ga.gov/api/legislation/document/20232024/219537 |
| Sen floor amend 4 | https://www.legis.ga.gov/api/legislation/document/20232024/219523 |
| Sen floor amend 3 AM 36 0952 | https://www.legis.ga.gov/api/legislation/document/20232024/220551 |
| Sen floor amend 2 AM 55 0015 | https://www.legis.ga.gov/api/legislation/document/20232024/219514 |
| Sen floor amend 1 AM 36 0958 | https://www.legis.ga.gov/api/legislation/document/20232024/219516 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20232024/218368 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20232024/213639 |
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