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AL SB310
Bill
AI Summary
SB310 Summary
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Establishes the Alabama Gaming Commission as a state agency to supervise the Alabama Education Lottery, bingo, charitable bingo and raffles, sports wagering, and casino-style games.
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Creates a 7-member commission appointed by state officials with an executive director, deputy director, enforcement division, and advisory board comprised of law enforcement, legal, and accounting professionals.
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Authorizes competitive bidding for casino-style game licenses at six covered locations (Greene, Houston, Jefferson, Macon, Mobile counties and DeKalb/Jackson counties) with minimum bids ranging from $5-35 million and 10-30 year terms.
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Imposes state taxes of 27% on slot machines/electronic games and 35% on table games, plus 20% tax on sports wagering net gaming revenues, distributed to Gaming Trust Fund, counties, and municipalities.
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Directs Gaming Trust Fund proceeds toward commission expenses, broadband development ($1 billion cap), healthcare, mental health services, and infrastructure improvements via county and municipal grant programs.
Legislative Description
Gaming, legislative intent, definitions, provided, Alabama Gaming Commission powers and duties, further provided, advisory board created to the commission, distribution of funds to the Gaming Trust Fund
Gaming
Last Action
Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism
4/15/2021