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TX SJR16

TX SJR16
Proposing a constitutional amendment to foster economic development and job growth, provide tax relief and funding for education and public safety programs, and reform and support the horse racing industry by authorizing casino gaming at destination resorts, authorizing sports wagering, and creating the Texas Gaming Commission to regulate casino gaming and sports wagering; requiring a license to conduct casino gaming; requiring the imposition of a casino gaming tax, sports wagering tax, and lice


summary

Introduced
11/12/2024
In Committee
02/03/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

A JOINT RESOLUTION proposing a constitutional amendment to foster economic development and job growth, provide tax relief and funding for education and public safety programs, and reform and support the horse racing industry by authorizing casino gaming at destination resorts, authorizing sports wagering, and creating the Texas Gaming Commission to regulate casino gaming and sports wagering; requiring a license to conduct casino gaming; requiring the imposition of a casino gaming tax, sports wagering tax, and license application fees.

AI Summary

This joint resolution proposes a constitutional amendment to legalize casino gaming and sports wagering in Texas by creating the Texas Gaming Commission and establishing a regulated framework for gambling across seven destination resorts in specific metropolitan areas (Dallas-Fort Worth, Houston, San Antonio, Corpus Christi, and McAllen). The resolution aims to foster economic development, create job growth, provide tax relief, and support education and public safety programs by authorizing casino licenses for qualified applicants, primarily existing racetrack associations. The proposed amendment would impose a 15 percent tax on casino gaming revenue, require significant investment in destination resort development (ranging from $250 million to $2 billion depending on the location), and mandate that casino license holders maintain live horse racing dates. The resolution also prohibits the use of public funds or facilities for destination resort development and limits individual ownership to no more than two casino license holders. If approved by voters in a November 2025 election, the amendment would establish strict regulatory guidelines for casino gaming and sports wagering, with the Texas Gaming Commission overseeing licensing, rule-making, and enforcement.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Referred to State Affairs (on 02/03/2025)

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