Sports betting; prohibits operators from excluding bonuses and promotions from taxable revenue. (HB1103)

Introduced By

Del. Mark Sickles (D-Alexandria) with support from co-patron Sen. Adam Ebbin (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Sports betting. Prohibits sports betting operators from excluding bonuses and promotions from taxable revenue after the first 12 months of wagering activity. The bill also eliminates the ability of sports betting permit holders, when calculating taxable revenue, to carry over losses on a monthly basis. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2022Committee
01/12/2022Prefiled and ordered printed; offered 01/12/22 22100109D
01/12/2022Referred to Committee on General Laws
01/26/2022Assigned GL sub: Subcommittee #3
02/08/2022Impact statement from DPB (HB1103)
02/15/2022Left in General Laws

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