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GA HR1136
Resolution
Status
Introduced
2/15/2024
Primary Sponsor
James Beverly
Click for details
AI Summary
- Proposes an amendment to the Georgia Constitution to authorize the General Assembly to legalize and regulate sports betting, pari-mutuel betting, and casino gambling, which are currently prohibited under the state constitution
- Requires the General Assembly to create a gaming commission with powers to regulate and tax these gambling activities and to issue operating licenses, with at least 25% of licenses reserved for minority business enterprises
- Pari-mutuel betting and casino gambling must take place at a racetrack or casino; no off-track or off-site pari-mutuel betting or casino gambling is permitted
- Dedicates tax proceeds from gambling activities across 12 designated funds: Gaming Local Aid Fund (20%), Community Enhancement Fund (15%), Education Fund (15%), Debt and Long-Term Liability Reduction Fund (10%), State Stabilization Reserve Fund (10%), Gaming Economic Development Fund (9.5%), Community Mitigation Fund (6.5%), Gaming Public Health Fund (5%), Local Capital Projects Fund (4.5%), Georgia Cultural and Performing Arts Mitigation Fund (2%), Race Horse Development Fund (1.5%), and Georgia Tourism Fund (1%)
- Requires submission to Georgia voters for ratification or rejection as a constitutional amendment ballot question
Legislative Description
General Assembly; law for sports betting, pari-mutuel betting, and casino gambling; authorize - CA
Last Action
House Second Readers
2/20/2024
Committee Referrals
Rules2/16/2024
Full Bill Text
No bill text available