Maryland 2024 2024 Regular Session

Maryland Senate Bill SB903 Introduced / Bill

Filed 02/06/2024

                     
 
EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. 
        [Brackets] indicate matter deleted from existing law. 
          *sb0903*  
  
SENATE BILL 903 
C7   	4lr3216 
      
By: Senator Muse 
Introduced and read first time: February 2, 2024 
Assigned to: Budget and Taxation 
 
A BILL ENTITLED 
 
AN ACT concerning 1 
 
Prince George’s County – Mobile Sports Wagering Proceeds – Local Impact 2 
Grant 3 
 
FOR the purpose of requiring a certain mobile sports wagering licensee that is part of an 4 
ownership group that operates a video lottery terminal facility in Prince George’s 5 
County to pay a certain amount of the proceeds from mobile sports wagering to the 6 
Comptroller to be used for certain local impact grants; and generally relating to 7 
proceeds from mobile sports wagering. 8 
 
BY repealing and reenacting, without amendments, 9 
 Article – State Government 10 
Section 9–1E–12(a) 11 
 Annotated Code of Maryland 12 
 (2021 Replacement Volume and 2023 Supplement) 13 
 
BY repealing and reenacting, with amendments, 14 
 Article – State Government 15 
Section 9–1E–12(b) 16 
 Annotated Code of Maryland 17 
 (2021 Replacement Volume and 2023 Supplement) 18 
 
 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 19 
That the Laws of Maryland read as follows: 20 
 
Article – State Government 21 
 
9–1E–12. 22 
 
 (a) (1) The Commission shall account to the Comptroller for all of the revenue 23 
under this subtitle. 24 
  2 	SENATE BILL 903  
 
 
 (2) The proceeds from sports wagering, less the amount retained by the 1 
licensee under subsection (b)(1) of this section, shall be under the control of the Comptroller 2 
and distributed as provided under subsection (b) of this section. 3 
 
 (b) (1) (i) Except as provided in subparagraphs (ii), (iii), and (iv) of this 4 
paragraph, all proceeds from sports wagering shall be electronically transferred monthly 5 
into the State Lottery Fund established under Subtitle 1 of this title. 6 
 
 (ii) A Class A–1 and A–2 sports wagering facility licensee shall 7 
retain 85% of the proceeds from sports wagering conducted at the locations described in § 8 
9–1E–09(a) of this subtitle. 9 
 
 (iii) A Class B–1 and B–2 sports wagering facility licensee shall 10 
retain 85% of the proceeds from sports wagering conducted at the location described in the 11 
licensee’s application. 12 
 
 (iv) [A] SUBJECT TO PARAGRAPH (3) OF THIS SUBSECTION , A 13 
mobile sports wagering licensee shall retain 85% of the proceeds from online sports 14 
wagering received by the licensee. 15 
 
 (2) All proceeds from sports wagering in the State Lottery Fund 16 
established under Subtitle 1 of this title shall be distributed on a monthly basis, on a 17 
properly approved transmittal prepared by the Commission to the Blueprint for Maryland’s 18 
Future Fund established under § 5–206 of the Education Article. 19 
 
 (3) EACH YEAR A MOBILE SPORTS WAGERI NG LICENSEE THAT IS PART 20 
OF AN OWNERSHIP GRO UP THAT OPERATES A VIDEO LOTTERY FACILI TY IN PRINCE 21 
GEORGE’S COUNTY SHALL PAY THE FIRST $3,500,000 OF PROCEEDS RETAINED BY 22 
THE MOBILE SPORTS WA GERING LICENSEE UNDE R PARAGRAPH (1)(IV) OF THIS 23 
SUBSECTION TO THE COMPTROLLER TO BE DIS TRIBUTED AS LOCAL IMPACT G RANTS 24 
TO NONPROFIT ORGANIZATI ONS AND MUNICIPALITI ES LOCATED WITHIN 6 MILES OF 25 
THE VIDEO LOTTERY FACILI TY. 26 
 
 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect July 27 
1, 2024. 28