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LA SB135
Bill
Status
Introduced
2/24/2026
Primary Sponsor
Beth Mizell
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AI Summary
- Removes the $20 million annual cap on sports wagering tax revenue credited to the Louisiana Early Childhood Education Fund
- Changes the funding formula to require 25% of sports wagering tax collections OR $20 million, whichever is greater, be credited to the fund (current law caps it at 25% not to exceed $20 million)
- Amends R.S. 27:625(G)(2) governing state tax levy on sports wagering net gaming proceeds
- Effective July 1, 2026
Legislative Description
Provides relative to the dedication of revenue from sports wagering. (7/1/26) (OR -$20,750,000 GF RV See Note)
GAMING
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Finance.
3/9/2026
Committee Referrals
Finance2/24/2026
Full Bill Text
No bill text available