Category: Economy, Budget and Taxes, Social Issues

SB 242 (2017)

House/Senate Bill: Senate

Description: Authorizes one smaller and one larger casino with video lottery and table gaming. The smaller casino would pay an initial ten-year license fee of $40 million, and the larger casino would pay an initial ten-year license fee of $80 million. The casinos would pay a tax of 35% on gross slot machine revenue and 18% on gross table game revenue. The Legislature would choose how to distribute this revenue, provided that some of the revenue goes to towns hosting or neighboring the casino, and some of the revenue goes to treat problem gambling.

Bill Sponsor: Lou D'Allesandro

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Tue, 04/18/2017

Next Voting Date: Thu, 05/04/2017

Bill Status

Killed in the House

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