Fiscal Note - SB 0378 - Authorizes Use of Vending Machines to Dispense Pull-Tab Cards
L.R. NO. 1493-01
BILL NO. SB 378
SUBJECT: Gambling: Bingo
TYPE: Original
DATE: February 21, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Bingo Proceeds for $50,000 to $60,000 to $60,000 to
Education $66,666 $80,000 $80,000
Total Estimated
Net Effect on All $50,000 to $60,000 to $60,000 to
State Funds $66,666 $80,000 $80,000
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
The Gaming Commission estimates tax receipts could increase by approximately
$60,000 to $80,000 annually as a result of this proposal. This estimate is
based on a 5% increase in receipts from the current pull tab tax collections
of $1,560,000.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
(10 Mo.)
BINGO PROCEEDS FOR
EDUCATION FUND
Income
Tax receipts $50,000 $60,000 $60,000
to $66,666 to $80,000 to $80,000
ESTIMATED NET EFFECT
ON BINGO PROCEEDS FOR $50,000 $60,000 $60,000
EDUCATION FUND to $66,666 to $80,000 to $80,000
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
(10 Mo.)
0 0 0
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of
this proposal.
DESCRIPTION
This proposal authorizes the use of seals and last sale features as a part of
pull-tab games, allows the use of vending machines to dispense pull-tab
cards, and allows certain information pertaining to pull-tab games to be
printed on the flare of the card.
This legislation is not federally mandated, would not duplicate any other
program and would not require additional capital improvements or rental
space. The proposal would affect total state revenue.
SOURCES OF INFORMATION
Gaming Commission
This Fiscal Note is not an official copy and should not be quoted or cited.