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IN SB0179

Bill

Status

Introduced

1/6/2016

Primary Sponsor

Mark Messmer

Click for details

Origin

Senate

2016 Regular Session

AI Summary

Senate Bill 179 Summary

  • Authorizes video gaming terminals in licensed establishments (retail establishments, charitable organizations, and truck stops) effective July 1, 2016.

  • Establishes Indiana Gaming Commission licensing and regulatory structure for manufacturers, distributors, suppliers, operators, and establishments involved in video gaming.

  • 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.

  • Requires video gaming terminals to meet technical standards including 80-95% payout rates, random selection processes, and central communications system linkage for auditing.

  • 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

Committee Referrals

Rules and Legislative Procedure1/6/2016

Full Bill Text

No bill text available