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IN HB1279
Bill
Status
1/10/2017
Primary Sponsor
Holli Sullivan
Click for details
AI Summary
HB 1279 Summary
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Repeals flexible scheduling provisions for riverboats, eliminating the practice of continuous gambling operations with unrestricted patron ingress and egress.
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Changes riverboat admissions tax from a fixed $3 per person to a percentage rate based on adjusted gross receipts from October 1, 2014 through September 30, 2016, divided by total admissions tax paid during that period.
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Converts riverboat admissions tax distributions to local governments and state agencies from fixed dollar amounts to percentages of adjusted gross receipts (ranging from 3.33% to 33.33% depending on recipient).
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Eliminates West Baden Springs operating agent requirement to implement flexible scheduling while maintaining other contract terms including $1 million initial fee.
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Effective July 1, 2017.
Legislative Description
Admissions tax. Repeals flexible scheduling for riverboats. Changes the riverboat admissions tax to a percentage rate of the riverboat's adjusted gross receipts beginning October 1, 2014, and ending September 30, 2016, divided by the total riverboat admissions tax that the riverboat paid beginning October 1, 2014, and ending September 30, 2016. Changes the distributions of riverboat admissions taxes from a set dollar amount to percentages of the adjusted gross receipts.
Last Action
Representative Hatfield added as coauthor
1/24/2017