€ € One Hundred Eighth Legislature - First Special Session - 2024 Introducer€s Statement of Intent LB13 € Chairperson: Senator John Lowe Committee: General Affairs Date of Hearing: July 31, 2024 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB13 amends the Nebraska Racetrack Gaming Act, establishing the statutory framework for mobile online sports wagering in the state by allowing licensed casino operators to offer a mobile sports wagering platform or contract with a vendor to do so. LB13 allocates tax revenues from sports wagering as follows: 90% to the Property Tax Credit Cash Fund, 3% to the Compulsive Gamblers Assistance Fund, and 7% to the Racing and Gaming Commission for enforcing the Racetrack Gaming Act, which oversees casinos, horse racing, and sports wagering. LB13 also sets a deadline of September 1 for the Executive Board of the Legislative Council to submit a statement to the Secretary of State for a proposal submitted by the legislature, during a special session,€ for the general election ballot. € € € Principal Introducer:________________________________ Senator Eliot Bostar - 1 -