Senate Bill #966 (2021)

AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- VIDEO-LOTTERY GAMES, TABLE GAMES AND SPORTS WAGERING

Increases flat fee paid to Lincoln and Tiverton as host communities from $100,000 to $200,00 for FY 2022/2023 with rates of increase for FY 2024 and thereafter based on rate of increase in combined sports/online sports wagering revenue.

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Changes since original draft

  • 2021 – S 0966
  • 2021 – S 0966 SUBSTITUTE A AS AMENDED
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  • LC002980
  • LC002980/SUB A
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  • S T A T E O F R H O D E I S L A N D
  • S T A T E O F R H O D E I S L A N D
  • IN GENERAL ASSEMBLY
  • JANUARY SESSION, A.D. 2021
  • ____________
  • ____________
  • A N A C T
  • RELATING TO STATE AFFAIRS AND GOVERNMENT – VIDEO-LOTTERY GAMES,
  • TABLE GAMES AND SPORTS WAGERING
  • Introduced By: Senators Paolino, and Pearson
  • Date Introduced: June 17, 2021
  • Referred To: Senate Special Legislation and Veterans Affairs
  • It is enacted by the General Assembly as follows:
  • SECTION 1. Section 42-61.2-5 of the General Laws in Chapter 42-61.2 entitled "Video- Lottery Games, Table Games and Sports Wagering" is hereby amended to read as follows:
  • 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.
  • (a) Notwithstanding the provisions of § 42-61-15, the division of lottery is authorized to enter into an agreement to allocate sports-wagering revenue derived from sports wagering and online sports wagering at the hosting facilities between the state, the state's authorized sports- wagering vendor, and the host facilities. The allocation of sports-wagering revenue and online sports-wagering revenue shall be:
  • (1) To the state, fifty-one percent (51%) of sports-wagering revenue and online sports- wagering revenue;
  • (2) To the state's authorized sports-wagering vendor, thirty-two percent (32%) of sports- wagering revenue and online sports-wagering revenue; and
  • (3) To the host facilities, seventeen percent (17%) of sports-wagering revenue and online sports-wagering revenue.
  • (b)Sports-wageringrevenueandonlinesports-wageringrevenueallocatedtothestateshall be deposited into the state lottery fund for administrative purposes and then the balance remaining into the general fund.
  • (c) The town of Lincoln shall be paid an annual flat fee of one hundred thousand dollars ($100,000)andthetownofTivertonshallbepaidanannualflatfeeofonehundredthousanddollars ($100,000) incompensationfor servingasthehost communities for sports wagering. Provided,that in Fiscal Year 2022 and Fiscal Year 2023, the town of Lincoln shall be paid an annual flat fee of two hundred thousand dollars ($200,000) and the town of Tiverton shall be paid an annual flat fee of two hundred thousand dollars ($200,000) in compensation for serving as the host communities for sports wagering. For Fiscal Year 2024 and every fiscal year thereafter, the flat fee shall be increased at the same rate of increase as the combined sports wagering revenue and online sports wagering revenue; provided, however, in no fiscal year shall the flat fee be less than two hundred thousand dollars ($200,000).
  • SECTION 2. This act shall take effect upon passage.
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  • LC002980
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  • EXPLANATION
  • SECTION 1. Section 42-61.2-5 of the General Laws in Chapter 42-61.2 entitled "Video- Lottery Games, Table Games and Sports Wagering" is hereby amended to read as follows:
  • 42-61.2-5. Allocation of sports-wagering and online sports-wagering revenue.
  • (a) Notwithstanding the provisions of § 42-61-15, the division of lottery is authorized to enter into an agreement to allocate sports-wagering revenue derived from sports wagering and online sports wagering at the hosting facilities between the state, the state's authorized sports- wagering vendor, and the host facilities. The allocation of sports-wagering revenue and online sports-wagering revenue shall be:
  • (1) To the state, fifty-one percent (51%) of sports-wagering revenue and online sports- wagering revenue;
  • (2) To the state's authorized sports-wagering vendor, thirty-two percent (32%) of sports- wagering revenue and online sports-wagering revenue; and
  • (3) To the host facilities, seventeen percent (17%) of sports-wagering revenue and online sports-wagering revenue.
  • (b)Sports-wageringrevenueandonlinesports-wageringrevenueallocatedtothestateshall be deposited into the state lottery fund for administrative purposes and then the balance remaining into the general fund.
  • (c) The town of Lincoln shall be paid an annual flat fee of one hundred thousand dollars ($100,000) two hundred thousand dollars ($200,000) and the town of Tiverton shall be paid an annual flat fee of one hundred thousand dollars ($100,000) two hundred thousand dollars ($200,000) in compensation for serving as the host communities for sports wagering.
  • SECTION 2. This act shall take effect on July 1, 2021. ======== LC002980/SUB A ========
  • EXPLANATION
  • BY THE LEGISLATIVE COUNCIL
  • OF
  • A N A C T
  • RELATING TO STATE AFFAIRS AND GOVERNMENT – VIDEO-LOTTERY GAMES,
  • TABLE GAMES AND SPORTS WAGERING
  • ***
  • This act would increase the flat fee paid to Lincoln and Tiverton as host communities for sports wagering from one hundred thousand dollars ($100,000) to two hundred thousand dollars ($200,000) for fiscal years 2022 and 2023, and for fiscal year 2024 and each fiscal year thereafter, the flat fee would increase at the same rate of increase as the combined sports wagering and online sports wagering revenue.
  • This act would take effect upon passage. ======== LC002980 ========
  • OF
  • A N A C T
  • RELATING TO STATE AFFAIRS AND GOVERNMENT – VIDEO-LOTTERY GAMES,
  • TABLE GAMES AND SPORTS WAGERING
  • ***
  • This act would increase the flat fee paid to Lincoln and Tiverton as host communities for sports wagering from one hundred thousand dollars ($100,000) to two hundred thousand dollars ($200,000).
  • This act would take effect on July 1, 2021. ======== LC002980/SUB A ========

Votes

NOTE: Electronic voting records are unofficial and may not be accurate. For an official vote tally, check the House or Senate Journal from the day of the vote.

Floor vote for TABLE GAMES AND SPORTS WAGERING

June 24, 2021 at 5:34pm
Yeas: 35 / Nays: 1 / Not voting: 2 / Recused: 0
Legislator Vote
Sen. Acosta Y
Sen. Algiere Y
Sen. Anderson Y
Sen. Archambault Y
Sen. Bell Y
Sen. Burke Y
Sen. Calkin Y
Sen. Cano Y
Sen. Ciccone Y
Sen. Coyne Y
Sen. Cruz Y
Sen. DiMario Y
Sen. DiPalma NV
Sen. Euer N
Sen. Felag Y
Sen. Gallo Y
Sen. Goldin NV
Sen. Goodwin Y
Sen. Kallman Y
Sen. Lawson Y
Sen. Lombardi Y
Sen. Lombardo Y
Sen. Mack Y
Sen. McCaffrey Y
Sen. Mendes Y
Sen. Miller Y
Sen. Morgan Y
Sen. Murray Y
Sen. Paolino Y
Sen. Pearson Y
Sen. Picard Y
Sen. Quezada Y
Sen. Raptakis Y
Sen. Rogers Y
Sen. Ruggerio Y
Sen. Seveney Y
Sen. Sosnowski Y
Sen. Valverde Y