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Bill > SB0070


IN SB0070

IN SB0070
Riverboat relocation.


summary

Introduced
12/08/2025
In Committee
12/10/2025
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Riverboat relocation. Provides that the licensed owner of the riverboat located in the city of Rising Sun (licensed owner) may relocate gaming operations to a casino in Allen County or Fort Wayne if certain conditions are met. Requires the licensed owner to pay a fee of $50,000,000 if the licensed owner sells or transfers the licensed owner's interest in the licensed owner's license within 10 years of the approval of relocation. Provides for the distribution of wagering tax revenue and supplemental wagering tax revenue from a casino in Allen County or Fort Wayne. Provides that a board is established for the purpose of making collaborative decisions for tax revenue.

AI Summary

This bill allows the licensed owner of a riverboat currently located in Ohio County (Rising Sun) to relocate its gaming operations to a new casino in Allen County or Fort Wayne, subject to specific conditions and approval by the Indiana Gaming Commission. The licensed owner must submit a request for relocation, provide evidence of support from Rising Sun and the destination city, and commit to investing at least $500 million in the new casino and non-gaming amenities. If approved, the owner must pay a $25 million relocation fee in two installments. Additionally, if the owner sells or transfers the license within 10 years of relocation, they must pay a $50 million fee. The bill establishes a unique tax revenue distribution model for the new casino, with 60% of tax revenue going to local governments in Allen County and 40% to a newly created Allen County-greater Fort Wayne community recovery fund. This fund will be managed by a board with representatives from Allen County and Fort Wayne, and will focus on improving mental health, combating homelessness and addiction, and addressing other local community challenges. The bill also modifies existing gaming laws to accommodate this specific riverboat relocation and provides guidelines for the transfer of gaming operations.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (2)

Last Action

Committee report: amend do pass adopted; reassigned to Committee on Appropriations (on 12/10/2025)

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