A bill to legalize betting apps to Georgia, did not receive a vote in the House Higher Education Committee.
Sen. Clint Dixon visited the House committee to explain the bill Tuesday. He talked about the tax rate – 20% of adjusted gross revenue – and other fundamentals of the bill. Sports betting would be regulated by the state’s lottery under SB 386.
An accompanying constitutional amendment, Senate Resolution 579, differs from the bill with where tax revenue would go. Those differences are a likely discussion point in the coming weeks, with some stakeholders hoping to see all tax revenue benefit the HOPE Scholarship, while others want to see the revenue distributed into several different buckets and not just education.
Other topics of consideration include the potential addition of daily fantasy sports language into the bill. DFS sites in Georgia, although a DFS bill failed to out of the House earlier this session.
Deadline looms 423l6l
Georgia’s legislative session concludes on March 28, so the House has just over two weeks to discuss SB 386 before needing to it. Georgia’s House of Representatives has never ed a sports betting bill.
The bill, which made its way through the Senate successfully earlier this year, still needs voter approval in November to become law should it through both legislative chambers.
“We have a lot of work to do on this measure,” committee Chairman Chuck Martin said.
SB 386 could be discussed in the committee again Wednesday, but Martin was clear that there wouldn’t be a vote on the bill Wednesday.
