PREPARED BY: Kenneth Boggs
LB 13 DATE PREPARED: July 27, 2024
PHONE: 4024710050
Revision: 00
FISCAL NOTE
LEGISLATIVE FISCAL ANALYST ESTIMATE
ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates)
FY 2024-25 FY 2025-26
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS See Below See Below
CASH FUNDS See below See below
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS See Below See below See Below See below
Any Fiscal Notes received from state agencies and political subdivisions are attached following the Legislative Fiscal Analyst Estimate.
LB 13 relates to gambling and the Constitution of Nebraska.
The bill authorizes the commission to permit gaming operators to conduct sports wagering either within licensed racetrack enclosures
or through approved online platforms. All online sports wagering must comply with the Nebraska Racetrack Gaming Act, and operators
must get approval for their platform controls from the commission. The bill imposes a tax on online sports wagering revenue. The
revenue distribution is as follows: 3% to the Compulsive Gamblers Assistance Fund, 3.5% to the Racing and Gaming Commission's
Racetrack Gaming Fund, 3.5% to the Racing and Gaming Commission' s Racing Cash Fund, and 90% to the Property Tax Credit Cash
Fund. Additionally, the timeline for legislative proposal submissions mandates that regular session proposals be submitted four months
before the general election, while special session proposals must be submitted by September 1 for the general election.
The Racing and Gaming Commission states that passing mobile sportsbook legislation will have a financial impact. To handle the
increased workload, two previously closed positions would need to be reopened.
The State Treasurer’s Office will have no fiscal impact.
The online sports wagering tax would increase revenue to the cash funds to which the tax is credited. However, the tim ing and amount
of any such tax is indeterminate based on the information available.
Please complete ALL (5) blanks in the first three lines. 2024
LB
(1) 13 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Nebraska Racing & Gami ng Commission
Prepared by:
(3) Rita Pracht Date Prepared:
(4)
7/26/24 Phone:
(5)
531-310-4536
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2024-25 FY 2025-26
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Explanation of Estimate:
The Racing & Gaming Commission acknowledges there will be a fi scal impact when mobile sportsbook is
passed . Currently , we have two positions that were closed that would need to be opened to help with the
increased workload.
_____________________________________________________________________________________________________ _
BREAKDOWN BY MAJOR OBJECTS OF EXPENDIT URE
Personal Services:
POSITION TITLE
NUMBER OF POSITIONS
24-25 25-26
2024-25
EXPENDITURES
2025-26
EXPENDITURES
Benefits………………………………...……
Operating…………………………...……….
Travel………………………………………..
Capital outlay…………………. ..…………..
Aid……………………………………… …...
Capital improvements……………………...
TOTAL……………………………… .....
Please complete ALL (5) blanks in the first three lines. 2024
LB
(1) 13 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
State Treasurer
Prepared by:
(3) Jason Walters Date Prepared:
(4)
July 26, 2024 Phone:
(5)
402-471-2793
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2024-25 FY 2025-26
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Explanation of Estimate:
The State Treasurer’s Office doesn’t expect any fiscal impact from LB 13 to the office.
_____________________________________________________________________________________________________ _
BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE
Personal Services:
POSITION TITLE
NUMBER OF POSITIONS
24-25 25-26
2024-25
EXPENDITURES
2025-26
EXPENDITURES
Benefits………………………………...… …
Operating…………………………...……….
Travel………………………………………..
Capital outlay…………………...…………..
Aid…………………………………………...
Capital improvements………… …………...
TOTAL……………………………… .....