SB453 Summary

• Proposes constitutional amendment to establish an Alabama Lottery and Alabama Lottery Corporation, repealing the existing prohibition on lotteries and gift enterprises.

• Authorizes and regulates gaming (covered games) at the four existing Alabama racetracks licensed for pari-mutuel wagering in Mobile, Macon, Birmingham, and Greene counties.

• Imposes a 13 percent state gross receipts tax on gaming revenue (plus 1 percent additional tax on owned equipment), a 1 percent local gross receipts tax, and a 4 percent tax on gaming equipment vendors.

• Creates the Alabama Lottery and Gaming Commission with five members appointed by state officials to regulate the lottery, gaming operations, and charitable bingo; directs Legislature to meet in special session within 30 days to enact implementing legislation.

• Authorizes Governor to negotiate a gaming compact with the Poarch Band of Creek Indians for three existing gaming locations and schedules constitutional amendment election for September 15, 2015.