Authorize And Tax Sports Betting Refer Under Taxpayers' Bill Of Rights
| Type | Bill |
|---|---|
| Session | 2019 Regular Session |
| Subjects |
Concerning sports betting, and, in connection therewith, submitting to the registered electors of the state of Colorado a ballot measure authorizing the collection of a tax on the net proceeds of sports betting through licensed casinos, directing the revenues generated through collection of the sports betting tax to specified public purposes, including the state water plan through creation of the water plan implementation cash fund, and making an appropriation.
Bill Summary:
Gambling - betting on sports events - legalization - creation of division of sports betting - rule-making authority - taxation - submission of ballot issue under Taxpayers' Bill of Rights - allocation of tax revenues - appropriation. In 2018, the United States supreme court held in Murphy v. National Collegiate Athletic Association , 138 S. Ct. 1461, that a federal law prohibiting states from authorizing sports betting violated the tenth amendment of the United States constitution. States may now authorize sports betting.
The act decriminalizes sports betting in Colorado, effective May 1, 2020, under the following conditions:
- The collection of a tax on the net proceeds of sports betting must be approved by the registered electors of Colorado at the November 2019 general election;
- Sports betting will be regulated by the department of revenue, subject to supervision by the existing limited gaming control commission;
- A limited number of licenses will be issued. Persons or entities currently licensed to conduct limited gaming (i.e., the owners of casinos in Central City, Black Hawk, and Cripple Creek) are the only persons or entities eligible to hold a "master license" to conduct sports betting upon paying a license fee and submitting to background checks. A master license entitles the licensee to contract with a licensed "sports betting operator" or a licensed "internet sports betting operator", or both, for the operation of sports betting.
- The conduct of sports betting in Central City, Black Hawk, and Cripple Creek is further conditioned on approval by the voters of the respective city in a local election to be held concurrently with the statewide election in November 2019; and
- The state will collect a tax of 10% on the net proceeds of sports betting activity to fund implementation of the state water plan and other public purposes. Of the total amount of tax collected, after first repaying the general fund appropriation for startup and initial operating costs, 6% is set aside annually to compensate the beneficiaries of revenues generated by limited gaming and other wagering activities for any losses attributable to competition from sports betting.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.002 | The motion passed without objection. | Vote summary |
| Refer House Bill 19-1327, as amended, to the Committee of the Whole. | The motion passed on a vote of 8-2. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 19-1327 to the Committee on Appropriations. | The motion passed on a vote of 6-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer House Bill 19-1327, as amended, to the Committee of the Whole. | The motion passed on a vote of 10-1. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 19-1327 to the Committee on Appropriations. | The motion passed on a vote of 9-1. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/03/2019 | Third Reading | BILL |
27
AYE
8
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/24/2019 | Third Reading | BILL |
58
AYE
6
NO
1
OTHER
|
Vote record |
| 04/24/2019 | Third Reading | AMD (L.014) |
63
AYE
1
NO
1
OTHER
|
Vote record |
| 04/24/2019 | Third Reading | PERM |
60
AYE
4
NO
1
OTHER
|
Vote record |
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 05/02/2019 | L.040 | Second Reading | Lost [**] | |
| 04/27/2019 | J.002 | SEN Appropriations | Passed [*] | |
| 04/23/2019 | L.013 | Second Reading | Passed [**] | |
| 04/23/2019 | L.012 | Second Reading | Passed [**] | |
| 04/23/2019 | L.008 | Second Reading | Passed [**] | |
| 04/23/2019 | L.007 | Second Reading | Passed [**] | |
| 04/23/2019 | J.001 | HOU Appropriations | Passed [*] | |
| L.014 | Third Reading | Passed |
| Date | Location | Action |
|---|---|---|
| 05/29/2019 | Governor | Governor Signed |
| 05/22/2019 | Senate | Signed by the President of the Senate |
| 05/22/2019 | Governor | Sent to the Governor |
| 05/21/2019 | House | Signed by the Speaker of the House |
| 05/03/2019 | Senate | Senate Third Reading Passed - No Amendments |
| 05/02/2019 | Senate | Senate Second Reading Passed - No Amendments |
| 05/01/2019 | Senate | Senate Second Reading Laid Over Daily - No Amendments |
| 04/27/2019 | Senate | Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole |
| 04/26/2019 | Senate | Senate Committee on Finance Refer Unamended to Appropriations |
| 04/24/2019 | Senate | Introduced In Senate - Assigned to Finance |
| 04/24/2019 | House | House Third Reading Passed with Amendments - Floor |
| 04/23/2019 | House | House Second Reading Special Order - Passed with Amendments - Committee, Floor |
| 04/23/2019 | House | House Committee on Appropriations Refer Amended to House Committee of the Whole |
| 04/22/2019 | House | House Committee on Finance Refer Unamended to Appropriations |
| 04/18/2019 | House | Introduced In House - Assigned to Finance |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/02/2019 | 347 | Authorize & Tax Sports Betting Refer Under TABOR |