SB515 Summary

• Proposes a constitutional amendment to authorize the operation of electronic bingo in Alabama, conducted on non-tribal lands by licensed persons or entities.

• Creates the Alabama Gaming Commission to oversee regulation, licensing, and rule-making for electronic bingo operations.

• Imposes a 30 percent gross receipts tax on bingo gross revenue, collected weekly by the Alabama Department of Revenue, with proceeds allocated by the Legislature.

• Permits counties and municipalities where electronic bingo is licensed to impose facility-based license fees not exceeding $1,500,000 per year, adjusted annually for cost of living changes.

• Requires voter approval by majority of qualified electors voting on the amendment, with election conducted under the state's constitutional amendment and election laws.