Bills › 89th General Assembly
Relating to the duties of the revenue estimating conference, and including effective date provisions
Sponsored by the House Appropriations Committee
Topics:Alcohol, cannabis & gamingState budgetTaxes
Same legislation: HSB 501
Where it is now
- Done: IntroducedJanuary 11, 2022
- Done: SubcommitteeJanuary 11, 2022
- Done: House committeeJanuary 26, 2022
- Done: Passes the HouseFebruary 21, 202294–0
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary The group that predicts how much money the state will collect must now include estimates for money coming from sports betting. This change affects how officials plan for the fund that holds taxes from fantasy sports and sports wagering.1
Read the official explanation
This bill requires the revenue estimating conference (REC) to estimate revenues to be deposited in the sports wagering receipts fund, in addition to the REC’s current duties. Under current law, the sports wagering receipts fund receives revenues from the internet fantasy sports contest tax (Code section 99E.6) and the sports wagering tax (Code section 99F.11(5)).
Changed since by amendment H-8041; see Amendments.
Senate subcommittee
Named February 23, 2022. On March 2, 2022 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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89th General Assembly