IN SB0244

Licensed owner of the Rising Sun riverboat (Ohio County) may relocate gaming operations to a casino in Marion County with commission approval, requiring letters of support from both the mayors of Rising Sun and Indianapolis

Relocation requires minimum $750,000,000 investment in casino and nongaming amenities, with at least 60% invested in initial phase and remainder completed within 5 years of opening

Licensed owner must pay $25,000,000 relocation fee in two installments, plus $50,000,000 fee if the license is sold or transferred within 10 years of relocation approval

Annual community support fee required to Rising Sun and Ohio County equal to the tax revenue each received during the last full fiscal year of Ohio County gaming operations

Marion County casino tax revenue distributed 50% to Marion County (restricted to local street construction/preservation) and 50% to state general fund, with 3.5% supplemental wagering tax rate