TN HB0001 | 2019-2020 | 111th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on November 7 2018 - 25% progression
Action: 2018-11-07 - Filed for introduction
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, authorizes sports betting in this state only in jurisdictions that approve sports betting by local option election; imposes a 10 percent tax on gaming revenue; distributes 40 percent of the tax to the general fund for general appropriations, 30 percent to Tennessee colleges of applied technologies and community colleges for equipment and capital projects, and 30 percent to local governments for education and infrastructure; establishes the Tennessee gaming commission to regulate sports betting; authorizes the commission to collaborate with the Tennessee bureau of investigation for purposes of enforcement. - Amends TCA Title 4; Title 14; Title 38; Title 39, Chapter 17, Part 5; Title 47, Chapter 18; Title 49 and Title 67.

Tracking Information

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Title

As introduced, authorizes sports betting in this state only in jurisdictions that approve sports betting by local option election; imposes a 10 percent tax on gaming revenue; distributes 40 percent of the tax to the general fund for general appropriations, 30 percent to Tennessee colleges of applied technologies and community colleges for equipment and capital projects, and 30 percent to local governments for education and infrastructure; establishes the Tennessee gaming commission to regulate sports betting; authorizes the commission to collaborate with the Tennessee bureau of investigation for purposes of enforcement. - Amends TCA Title 4; Title 14; Title 38; Title 39, Chapter 17, Part 5; Title 47, Chapter 18; Title 49 and Title 67.

Sponsors


History

DateChamberAction
2018-11-07HouseFiled for introduction

Same As/Similar To

SB0016 (Crossfiled) 2018-12-18 - Filed for introduction

Subjects


Tennessee State Sources


Bill Comments

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