Fiscal Note

SS 1 for SB 144 w/ HA 2 — Fiscal Note/Fee Impact

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Mentions of “Revenue” — 8 found

… Year 2019). Sections 2, 5 and 6 take effect July 1, 2019 (Fiscal Year 2020). 2. This Bill adjusts the State's lottery revenue sharing model in the following ways: a. Reduces the State’s share of gross slot machine revenues from 43.5% to 42.5% …

… s the State's lottery revenue sharing model in the following ways: a. Reduces the State’s share of gross slot machine revenues from 43.5% to 42.5% or 42.5% to 41.5%, as applicable, with additional reductions of 2% possible for each video lotte …

… apital expenditures reaching 3% of video lottery net proceeds b. Reduces the State's percentage of gross table game revenue from 29.4% to 15%. c. Suspends the table game license fee due June 1, 2019, and continues to suspend the fee in su …

… holidays and encourages marketing and casino investment in activities that will grow video lottery and table games revenues. 4.Estimates for revenue losses are based on Department of Finance and Casino Industry revenue forecasts for Fisc …

… rketing and casino investment in activities that will grow video lottery and table games revenues. 4.Estimates for revenue losses are based on Department of Finance and Casino Industry revenue forecasts for Fiscal Years 2018, 2019, and 2020 …

… ry and table games revenues. 4.Estimates for revenue losses are based on Department of Finance and Casino Industry revenue forecasts for Fiscal Years 2018, 2019, and 2020. Fiscal Year 2021 estimates make no additional assumptions on reve …

… enue forecasts for Fiscal Years 2018, 2019, and 2020. Fiscal Year 2021 estimates make no additional assumptions on revenue growth. Revenue Loss: FY 2019: $11.4 million FY 2020: $16.8 million FY 2021: $16.8 million Prepared by Art Jen …

… or Fiscal Years 2018, 2019, and 2020. Fiscal Year 2021 estimates make no additional assumptions on revenue growth. Revenue Loss: FY 2019: $11.4 million FY 2020: $16.8 million FY 2021: $16.8 million Prepared by Art Jenkins Office of th …

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HA 2