HB43 Alabama 2016 1st Special Session Session

This bill would propose a constitutional amendment to require the Legislature to establish an Alabama Lottery; to create an Alabama Lottery Corporation to regulate the Alabama Lottery; to authorize, tax, and regulate the use of covered games in the state; to require the creation of a State Gaming Commission; to license and regulate the covered games locations licensed to the highest responsible bidder; to provide for a state gross receipts tax of 40 percent and a local gross receipts tax of eight percent; to create the State Casino Gaming Fund in the State General Fund and provide for the allocation of the proceeds deposited in the fund; and to prohibit certain political contributions by licensees or persons with a pecuniary interest in the covered games

To amend the Constitution of Alabama of 1901, to require the Legislature to establish an Alabama Lottery; to create an Alabama Lottery Corporation to regulate the Alabama Lottery; to authorize, tax, and regulate the use of covered games in the state; to require the creation of a State Gaming Commission; to license and regulate the covered games locations licensed to the highest responsible bidder; to provide for a state gross receipts tax of 40 percent and a local gross receipts tax of eight percent; to provide for the distribution of the revenue; and to prohibit certain political contributions by licensees or persons with a pecuniary interest in the covered games.