Bill

Bill > H2495


MA H2495

MA H2495
Relative to certain taxpayer protections regarding casino gaming


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to the tax on gross gaming revenues, the waiting period for certain former public officials to be employed by gaming licensees and the prohibiting of financial assistance from state funds for gaming licensees. Revenue.

AI Summary

This bill aims to strengthen taxpayer protections related to casino gaming by ensuring that the daily tax rate on gross gaming revenues, which is the total amount of money wagered at a casino, cannot be set lower than the rates originally established when the law was enacted. It also prohibits any company holding a gaming license, or any related business, from receiving financial assistance funded by taxpayers from the Commonwealth, meaning state money cannot be used to help these gaming businesses.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

Accompanied a study order, see H4639 (on 09/26/2016)

bill text


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