Senate Bill No. 384 Summary

• Authorizes wagering on video gaming terminals in licensed taverns through contracts with a statewide video gaming operator selected by the Indiana Gaming Commission.

• Imposes a 30% video gaming wagering tax on net terminal income, with the remaining 70% split equally (35% each) between the statewide operator and the licensed tavern.

• Requires the statewide video gaming operator to pay a $1,000,000 initial license fee and establishes licensing requirements for tavern establishments with initial fees of $500 and tiered annual renewal fees based on revenue.

• Establishes comprehensive regulatory framework including maximum of five video gaming terminals per tavern, $2 maximum wager per game, $599 maximum prize per game, cashless electronic card system, and prohibition of play by minors and certain employees.

• Effective July 1, 2014, with child support enforcement provisions allowing licensed establishments to withhold delinquent child support from video gaming winnings.