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129th MAINE LEGISLATURE |
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LD 553 |
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LR 69(02) |
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An Act To Ensure
Proper Oversight of Sports Betting in the State |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Veterans and Legal Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Net Cost
(Savings) |
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General Fund |
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($1,311,000) |
($2,622,000) |
($5,244,000) |
($5,244,000) |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$217,258 |
$317,576 |
$510,972 |
$514,463 |
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| Revenue |
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General Fund |
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$1,311,000 |
$2,622,000 |
$5,244,000 |
$5,244,000 |
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Other Special Revenue Funds |
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$565,250 |
$193,250 |
$837,250 |
$383,250 |
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| Correctional and
Judicial Impact Statements |
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Increases the
number of civil cases filed in the court system. No estimate of the number of
new cases is made. The collection of additional filing fees and fine revenue
may increase General Fund and other dedicated revenue by minor amounts. |
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| Fiscal Detail
and Notes |
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This bill
authorizes the Gambling Control Unit (GCU) within the Department of Public
Safety, to regulate sports wagering in the State and directs that 10% of
gross sports wagering facility revenue and 16% of gross sports wagering
mobile revenue be credited to the General Fund, 1% be credited to the GCU for
administrative expenses and 1% be credited to the Gambling Addiction and
Prevention Treatment Fund. Facility
and mobile operators will retain the remainder of the gross. General fund
revenue of $1,311,00 in fiscal year 2019-20 and $2,622,000 in fiscal year
2020-21 and Other Special Revenue Funds revenue of $95,000 in fiscal year
2019-20 and $190,000 in fiscal year 2020-21 is estimated to be generated from
sports wagering. The estimate prorates
assumptions contained in the May 2017, Oxford Economics' "Economic
Impact of Legalized Sports Betting" report, using the criteria of
moderate availability for in-person sports wagering and convenient
availability for mobile wagering. |
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This bill includes
Other Special Revenue Funds allocations to the Department of Public Safety of
$122,258 in fiscal year 2019-20 and $127,576 in fiscal year 2020-21 for one
Public Safety Manager II position and associated All Other costs. The bill
creates facility sports wagering licenses, mobile sports wagering licenses,
supplier licenses, management services licenses and employee occupational
licenses. License fees are estimated
to generate Other Special Revenue Funds revenue of $470,250 in fiscal year
2019-20 and $3,250 in fiscal year 2020-21.
License fee revenue assumes that two casinos and one commercial
racetrack will have both facility and mobile sports betting, four off-track
betting facilities will have facility betting only, one off-track betting
facility will have a facility and a mobile license and six online vendors and
two Indian tribes will only seek mobile licenses. |
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This bill also
includes Other Special Revenue Funds allocations to the Department of Health
and Human Services of $95,000 in fiscal year 2019-20 and $190,000 in fiscal
year 2020-21 to allow expenditure of sports betting revenue. Additional costs to the Department of
Public Safety associated with performing criminal history background checks
can be absorbed within existing budgeted resources. |
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