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IN SB0179
Bill
Status
1/6/2016
Primary Sponsor
Mark Messmer
Click for details
AI Summary
Senate Bill 179 Summary
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Authorizes video gaming terminals in licensed establishments (retail establishments, charitable organizations, and truck stops) effective July 1, 2016.
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Establishes Indiana Gaming Commission licensing and regulatory structure for manufacturers, distributors, suppliers, operators, and establishments involved in video gaming.
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Imposes 30% tax on adjusted gross receipts from video gaming, with revenue allocated 40% to municipalities, 40% to counties, and 20% to state general fund.
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Requires video gaming terminals to meet technical standards including 80-95% payout rates, random selection processes, and central communications system linkage for auditing.
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Sets maximum limits: 5 terminals in retail/charitable establishments and 10 in truck stops; $2 maximum wager per game; $599 maximum win per hand; credit costs of $0.01, $0.05, $0.10, or $0.25.
Legislative Description
Video gaming terminals. Authorizes wagering on video gaming terminals in certain establishments. Establishes a licensing structure for participants in video gaming. Imposes a video gaming wagering tax of 30% of adjusted gross receipts.
Last Action
First reading: referred to Committee on Rules & Legislative Procedure
1/6/2016