summary
Introduced
01/13/2026
01/13/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the State Revenue Sharing Act. Provides that, if a municipality imposes fees, surcharges, or other costs for the privilege of conducting or participating in sports wagering, then the total amount of those fees, surcharges, or other costs shall be deducted from that municipality's Local Government Distributive Fund allocation and redistributed to the other municipalities and counties in this State in accordance with the Local Government Distributive Fund allocation formula.
AI Summary
This bill amends the State Revenue Sharing Act to address how certain fees related to sports wagering are handled. Specifically, if a municipality imposes any fees, surcharges, or other costs for the privilege of conducting or participating in sports wagering, the total amount collected from these charges will be subtracted from that municipality's share of the Local Government Distributive Fund (LGDF). The LGDF is a fund from which the state distributes money to local governments. The deducted amount will then be redistributed to other municipalities and counties in the state according to the established LGDF allocation formula, which is based on population.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
To Gaming, Wagering, and Racing (on 02/04/2026)
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