Bill > SB386

Introduced Session

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 increase funding to the state's Pre-K programs; 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 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 S. B. 386 (SUB) 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 a contingent effective date and automatic repeal; to repeal conflicting laws; and for other purposes.

AI Summary

Committee Categories

John Albers (R)*,  Lee Anderson (R)*,  Brandon Beach (R)*,  Matt Brass (R)*,  Gloria Butler (D)*,  Clint Dixon (R)*,  Jason Esteves (D)*,  Sonya Halpern (D)*,  Bo Hatchett (R)*,  Billy Hickman (R)*,  Derek Mallow (D)*,  Elena Parent (D)*,  Marcus Wiedower (R), 

House Committee Favorably Reported By Substitute (on 03/28/2024)

Official Document