Indiana 2024 Regular Session

Indiana House Bill HB1048 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	Introduced Version
3	3	HOUSE BILL No. 1048
4	4	_____
5	5	DIGEST OF INTRODUCED BILL
6	6	Citations Affected: IC 4-33; IC 4-35-8.3.
7	7	Synopsis: Various gaming issues. Provides that a hold harmless
8	8	agreement or an agreement to offset a financial loss between a casino,
9	9	riverboat, or unit of government and another unit of government
10	10	concerning potential losses of revenue by the other unit of government
11	11	is prohibited and unenforceable. Repeals the requirement that the
12	12	licensed owner of a riverboat operating in Vigo County pay certain
13	13	payments to the city of Evansville. Repeals language concerning a
14	14	supplemental payment to East Chicago, Hammond, and Michigan City
15	15	under certain circumstances. Repeals the historic hotel district
16	16	community support fee.
17	17	Effective: July 1, 2024.
18	18	Morrison
19	19	January 8, 2024, read first time and referred to Committee on Public Policy.
20	20	2024 IN 1048—LS 6400/DI 107 Introduced
21	21	Second Regular Session of the 123rd General Assembly (2024)
22	22	PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
23	23	Constitution) is being amended, the text of the existing provision will appear in this style type,
24	24	additions will appear in this style type, and deletions will appear in this style type.
25	25	Additions: Whenever a new statutory provision is being enacted (or a new constitutional
26	26	provision adopted), the text of the new provision will appear in this style type. Also, the
27	27	word NEW will appear in that style type in the introductory clause of each SECTION that adds
28	28	a new provision to the Indiana Code or the Indiana Constitution.
29	29	Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
30	30	between statutes enacted by the 2023 Regular Session of the General Assembly.
31	31	HOUSE BILL No. 1048
32	32	A BILL FOR AN ACT to amend the Indiana Code concerning
33	33	gaming.
34	34	Be it enacted by the General Assembly of the State of Indiana:
35	35	1 SECTION 1. IC 4-33-1-6 IS ADDED TO THE INDIANA CODE
36	36	2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
37	37	3 1, 2024]: Sec. 6. A hold harmless agreement or an agreement to
38	38	4 offset a financial loss between a casino, riverboat, or unit of
39	39	5 government and another unit of government concerning potential
40	40	6 losses of revenue by the other unit of government is prohibited and
41	41	7 unenforceable.
42	42	8 SECTION 2. IC 4-33-6.7-7 IS REPEALED [EFFECTIVE JULY 1,
43	43	9 2024]. Sec. 7. The licensed owner of a riverboat operating in Vigo
44	44	10 County shall pay:
45	45	11 (1) a one (1) time payment of one million two hundred thousand
46	46	12 dollars ($1,200,000) within the first year that the licensed owner
47	47	13 conducts gaming operations in Vigo County;
48	48	14 (2) a one (1) time payment of nine hundred thousand dollars
49	49	15 ($900,000) within the second year that the licensed owner
50	50	16 conducts gaming operations in Vigo County; and
51	51	17 (3) a one (1) time payment of six hundred thousand dollars
52	52	2024 IN 1048—LS 6400/DI 107 2
53	53	1 ($600,000) within the third year that the licensed owner conducts
54	54	2 gaming operations in Vigo County;
55	55	3 to the city of Evansville.
56	56	4 SECTION 3. IC 4-33-13-5.3 IS REPEALED [EFFECTIVE JULY
57	57	5 1, 2024]. Sec. 5.3. (a) This section applies to each of the first four (4)
58	58	6 full state fiscal years beginning after a licensed owner begins gaming
59	59	7 operations under IC 4-33-6-4.5.
60	60	8 (b) As used in this section, "qualified city" refers to East Chicago,
61	61	9 Hammond, or Michigan City.
62	62	10 (c) The auditor of state shall determine the total amount of money
63	63	11 paid by the auditor of state under section 5(a)(2) of this chapter to
64	64	12 Gary, East Chicago, Hammond, and Michigan City during the state
65	65	13 fiscal year ending on June 30, 2019. The amount determined under this
66	66	14 subsection for each city is the city's base year revenue. The auditor of
67	67	15 state shall certify the base year revenue determined under this
68	68	16 subsection to each city.
69	69	17 (d) Subject to subsection (g), a qualified city is entitled to a
70	70	18 supplemental payment under this section if both of the following occur
71	71	19 in a particular state fiscal year:
72	72	20 (1) The total amount payable to Gary under section 5(a)(2) of this
73	73	21 chapter in the state fiscal year is greater than the base year
74	74	22 revenue determined for Gary under subsection (c).
75	75	23 (2) The amount payable to the qualified city under section 5(a)(2)
76	76	24 of this chapter in the state fiscal year is less than the base year
77	77	25 revenue determined for the qualified city under subsection (c).
78	78	26 (e) Subject to subsection (g), the auditor of state shall deduct the
79	79	27 lesser of the following from the amount otherwise payable to Gary to
80	80	28 make a supplemental payment to a qualified city entitled to a payment
81	81	29 under subsection (d):
82	82	30 (1) The difference between the base year revenue determined for
83	83	31 the qualified city under subsection (c) and the amount payable to
84	84	32 the qualified city under section 5(a)(2) of this chapter.
85	85	33 (2) The difference between the amount payable to Gary under
86	86	34 section 5(a)(2) of this chapter and the base year revenue
87	87	35 determined for Gary under subsection (c).
88	88	36 (f) Subject to subsection (g), the auditor of state shall supplement
89	89	37 the amount payable to the qualified city under section 5(a)(2) of this
90	90	38 chapter with a payment equal to the amount deducted under subsection
91	91	39 (e) for the qualified city.
92	92	40 (g) The auditor of state may not deduct from the amounts payable
93	93	41 under section 5(a)(2) of this chapter to Gary in a particular state fiscal
94	94	42 year an amount greater than the difference between the amount payable
95	95	2024 IN 1048—LS 6400/DI 107 3
96	96	1 to Gary under section 5(a)(2) of this chapter and the base year revenue
97	97	2 determined for Gary under subsection (c). If the total amount of the
98	98	3 supplemental payments determined for qualified cities exceeds the
99	99	4 amount that may be deducted under this section, the amount paid to
100	100	5 each qualified city entitled to a supplemental payment must be
101	101	6 determined under STEP FOUR the following formula:
102	102	7 STEP ONE: Determine the difference between the qualified city's
103	103	8 base year revenue and the amount payable to the qualified city
104	104	9 under section 5(a)(2) of this chapter for the particular state fiscal
105	105	10 year.
106	106	11 STEP TWO: Determine the sum of the STEP ONE results for all
107	107	12 qualified cities entitled to a supplemental payment in the
108	108	13 particular state fiscal year.
109	109	14 STEP THREE: Determine for each qualified city entitled to a
110	110	15 supplemental payment in the particular state fiscal year the
111	111	16 quotient of:
112	112	17 (A) the STEP ONE result for the qualified city; divided by
113	113	18 (B) the STEP TWO result.
114	114	19 STEP FOUR: Determine for each qualified city entitled to a
115	115	20 supplemental payment in the particular state fiscal year the
116	116	21 product of:
117	117	22 (A) the STEP THREE quotient; multiplied by
118	118	23 (B) the maximum amount that may be deducted from the
119	119	24 amounts payable under section 5(a)(2) of this chapter for Gary.
120	120	25 SECTION 4. IC 4-35-8.3 IS REPEALED [EFFECTIVE JULY 1,
121	121	26 2024]. (Historic Hotel District Community Support Fee).
122	122	2024 IN 1048—LS 6400/DI 107