129th MAINE LEGISLATURE
		LD 1633		LR 1969(02)
	An Act To Legalize Keno and Historical Instant Racing
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Veterans and Legal Affairs
	Fiscal Note Required: Yes
Fiscal Note
			FY 2019-20	FY 2020-21	Projections  FY 2021-22	Projections  FY 2022-23
Net Cost (Savings)
	General Fund		($1,005,811)	($497,572)	($449,819)	($400,739)
Appropriations/Allocations
	General Fund		$1,302,064	$1,810,303	$1,858,056	$1,907,136
Revenue
	General Fund		$2,307,875	$2,307,875	$2,307,875	$2,307,875
	Other Special Revenue Funds		$35,000	$35,000	$35,000	$35,000
Fiscal Detail and Notes
	This bill authorizes historical instant racing and keno and directs that 10% of the net income from historical instant racing and keno be deposited into the General Fund and that 1% be retained by the Gambling Control Board for administrative expenses.  Applicants for a historical instant racing and keno license are required to pay a one-time application fee of $5,000 and an annual renewal fee of $5,000.  License fees are estimated to generate $35,000 in Other Special Revenue Funds revenue annually.
	The bill includes appropriations of $1,302,064 in fiscal year 2019-20 and $1,810,303 in fiscal year 2020-21 for 14 Public Safety Inspector I positions, 7 Public Safety Inspector III positions and one Public Safety Manager II position and associated All Other costs.  General Fund revenue of $2,107,875 is estimated to be generated annually from instant historical racing.  This assumes that 7 locations will operate 100 instant racing machines with a win average of $75 per day.  While the bill also authorizes keno, the bill does not specify the number of games per time frame, wager limits or location criteria to operate keno games.  This fiscal note includes an estimate of $200,000 in annual General Fund revenue from keno starting in fiscal year 2019-20, with the assumption that future revenue estimates will be adjusted once the regulatory structure of keno has been decided through rulemaking.