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2 | 2 | SENATE DOCKET, NO. 2419 FILED ON: 1/17/2025 | |
3 | 3 | SENATE . . . . . . . . . . . . . . No. 294 | |
4 | 4 | The Commonwealth of Massachusetts | |
5 | 5 | _________________ | |
6 | 6 | PRESENTED BY: | |
7 | 7 | Michael D. Brady | |
8 | 8 | _________________ | |
9 | 9 | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General | |
10 | 10 | Court assembled: | |
11 | 11 | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: | |
12 | 12 | An Act to encourage capital investment in retail sports wagering facilities. | |
13 | 13 | _______________ | |
14 | 14 | PETITION OF: | |
15 | 15 | NAME:DISTRICT/ADDRESS :Michael D. BradySecond Plymouth and Norfolk 1 of 1 | |
16 | 16 | SENATE DOCKET, NO. 2419 FILED ON: 1/17/2025 | |
17 | 17 | SENATE . . . . . . . . . . . . . . No. 294 | |
18 | 18 | By Mr. Brady, a petition (accompanied by bill, Senate, No. 294) of Michael D. Brady for | |
19 | 19 | legislation to encourage capital investment in retail sports wagering facilities. Economic | |
20 | 20 | Development and Emerging Technologies. | |
21 | 21 | The Commonwealth of Massachusetts | |
22 | 22 | _______________ | |
23 | 23 | In the One Hundred and Ninety-Fourth General Court | |
24 | 24 | (2025-2026) | |
25 | 25 | _______________ | |
26 | 26 | An Act to encourage capital investment in retail sports wagering facilities. | |
27 | 27 | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority | |
28 | 28 | of the same, as follows: | |
29 | 29 | 1 Section 3 of chapter 23N of the General Laws is hereby amended by striking out the last | |
30 | 30 | 2clause in the definition of “Category 2 license” and inserting in place thereof the following:- | |
31 | 31 | 3provided further, a category 2 licensee may, in lieu of the fee in section 5(f), make a capital | |
32 | 32 | 4investment of not less than $7,500,000 in a sports wagering facility. |