To amend sections 123.28, 123.281, 5753.01, 5753.031, 5753.04, 5753.05, 5753.06, 5753.07, 5753.08, and 5753.12 and to enact sections 123.282 and 5753.022 of the Revised Code to levy a fee on gross sports gaming wagers and to use revenue from the fee to support publicly owned professional sports facilities and interscholastic athletics.
Impact
If enacted, SB199 will amend several sections of the Ohio Revised Code related to casino and sports gaming taxation. It is expected that the new fee would contribute significantly to the expansion and improvement of sports facilities, which in turn may enhance community engagement and support for youth sports programs. The establishment of a dedicated revenue stream is also anticipated to ensure that funds are appropriately allocated for intended purposes, thereby promoting overall sports development at both community and educational levels.
Summary
Senate Bill 199 proposes the introduction of a privilege fee on gross sports gaming wagers in Ohio. Specifically, it levies a two percent fee on gross wagers received by sports gaming proprietors. The revenue generated from this fee is designated for enhancing publicly owned professional sports facilities and supporting interscholastic athletics for students in primary and secondary education. The legislative intent behind this bill is to ensure sustainable funding for community sports initiatives and the renovation of sports venues across the state.
Sentiment
The sentiment surrounding SB199 appears to be largely positive, particularly from proponents who value the support it offers to youth athletics and local sports infrastructure. Legislative discussions have highlighted the importance of investing in sports venues as a means of fostering community pride and engagement. However, concerns have also been raised about the administrative burden of implementing and collecting the new fees, which some legislators argue might affect the gaming industry in the state.
Contention
Notable points of contention include the potential impact of the new fee on the profitability of sports gaming operators and whether the initiative would indeed lead to improved facilities and programs. There are fears among some opponents that the levy may hinder the competitiveness of Ohio's gaming industry, particularly in relation to neighboring states with different tax structures. Legislative debates have underscored the need for a balanced approach that supports sports funding without overburdening gaming businesses.
To amend sections 3517.12, 3517.13, and 3517.155 of the Revised Code to modify the Campaign Finance Law regarding foreign nationals and statewide initiatives and referenda and to declare an emergency.
To amend sections 3517.12, 3517.13, and 3517.155 of the Revised Code to modify the Campaign Finance Law regarding foreign nationals and statewide initiatives and referenda and to declare an emergency.
To amend sections 3505.01 and 3505.10 of the Revised Code to modify the deadline for a political party to certify its nominees for President and Vice-President to the Secretary of State.
To delay the deadline for a major political party to certify its presidential and vice presidential candidates to the Secretary of State for the 2024 general election.