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HI HB2260

Bill

Status

Introduced

1/24/2024

Primary Sponsor

May Mizuno

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

HB 2260 Summary

  • Authorizes one gaming facility in a county with population over 500,000 residents (Honolulu) to conduct poker and sportsbook betting, with a 10-year renewable license.

  • Establishes Hawaii Gaming Control Commission with 7 members to regulate gaming operations, issue licenses, and enforce compliance.

  • Imposes general excise tax on gaming gross income and requires licensee to pay 70% of gross profits to the State in year one, decreasing by 5% annually to 25% by year 10.

  • Allocates gaming revenue to compulsive gambler assistance programs, public security, commission administration, and facility marketing; directs 2% of tax revenue to wildfire disaster relief fund.

  • Restricts facility to standalone structure (not in hotel), maximum 30 poker tables, patrons must be 21+ years old, and prohibits in-person wagering with cash for first 3 years of operation.

Legislative Description

Relating To Gaming.

Gambling

Last Action

Referred to ECD, CPC/JHA, FIN, referral sheet 3

1/26/2024

Committee Referrals

Economic Development1/26/2024

Full Bill Text

No bill text available