Authors: Representative Thomas Dermody
Co-authors: Representative Timothy Brown, Representative Philip GiaQuinta, Representative Terri Jo Austin
Sponsors: Senator Ron Alting, Senator Luke Kenley, Senator Earline Rogers
Co-Sponsors: Senator James Arnold, Senator Timothy Lanane, Senator Lonnie Randolph
Advisors: Representative Todd Huston, Representative Alan Morrison, Representative Timothy Wesco, Representative Philip GiaQuinta, Representative Charlie Brown, Representative Vanessa Summers
Specifies the process for entering into tribal-state compacts concerning Indian gaming. Authorizes riverboats to move inland to adjacent properties meeting certain requirements. Makes the promotional play deduction for riverboats and racinos permanent. Caps the number of gambling games offered by a licensed owner or an operating agent at the greatest number of gambling games offered since January 1, 2007, regardless of whether the licensed owner relocates gaming operations to an inland casino. Authorizes table games at the racinos beginning in 2021 if approved by the Indiana gaming commission. Provides for the use of AGR attributable to table games to support the horse racing industry. Provides a licensee may not offer more than 2,200 gambling games on the premises of a licensee's racetrack after January 1, 2021. Provides that after June 30, 2015, the racino wagering tax is based on 88% of adjusted gross receipts (rather than 91.5%, under current law). Exempts the riverboat located in a historic hotel district from the admissions tax. Requires a racino licensee to pay a $2,500,000 historic hotel district community support fee and allocates the fee among various entities. Changes the formula for distributing among the state and local entities the wagering taxes collected from a riverboat in a historic hotel district. Establishes the French Lick historic tax credit to provide a credit against the wagering tax imposed on the adjusted gross receipts of a riverboat in a historic hotel district if the riverboat did not receive more than $80,000,000 of adjusted gross receipts during the preceding state fiscal year. Provides that the percentage of the credit depends on the amount of adjusted gross receipts during the preceding state fiscal year. Requires the revenue retained under the credit to be applied to the maintenance and operation of a historic hotel. Provides that $1,000,000 is appropriated from the West Baden Springs historic hotel preservation and maintenance fund for the state fiscal year ending June 30, 2015, and that $2,000,000 is appropriated from the West Baden Springs historic hotel preservation and maintenance fund for each state fiscal year beginning after June 30, 2015, for purposes of expenditures for a qualified historic hotel, the grounds surrounding the hotel, supporting buildings and structures related to the hotel, and other facilities used by the guests of the hotel. (Under current law, only the interest accruing to the fund is annually appropriated for those purposes.) Specifies that the wagering taxes currently being paid into the West Baden Springs historic hotel preservation and maintenance fund shall instead be paid into the state general fund. Imposes a food and beverage tax and a supplemental innkeeper's tax on transactions occurring at the French Lick resort. Provides that the tax revenue from the food and beverage tax and the supplemental innkeeper's tax shall be paid to the West Baden Springs historic hotel preservation and maintenance fund. Authorizes the county council of a county containing a historic hotel district to impose a public safety LOIT without imposing any other LOIT. Repeals a requirement that the gaming commission study the use of complimentary promotional credit programs. Urges the legislative council to assign to an interim study committee certain study topics related to gaming.