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BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Still not read in yet.


BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
HB64 Stefanski TAX/GAMING
Levies a state tax on the net revenue of fantasy sports contests (Item #17)
- Read by title. Lies over under the rules.
- Rules suspended.
- Read by title, under the rules, referred to the Committee on Ways and Means.


Read today.
This post was edited on 6/10 at 6:57 pm


Tigerfan1274
Member since May 2019
380 posts

re: Louisiana Fantasy Sports Bill passes through Senate
quote:

HB64 Stefanski TAX/GAMING
Levies a state tax on the net revenue of fantasy sports contests (Item #17)
- Read by title. Lies over under the rules.
- Rules suspended.
- Read by title, under the rules, referred to the Committee on Ways and Means.


Read today.


Am I wrong for thinking this shouldn't be too difficult? They had it passed last year had it not been for Danny Martiny's shenanigans in the Senate. And this year's legislature seems to be a little more gaming friendly judging by how easily some of these bills have passed.


BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Melindas Twitter

House Ways & Means approves 8% tax rate for fantasy sports betting, which voters in 47 parishes approved in the 2018 election. Tax rate needs approval before betting can start. Money from the tax would go to early childhood education. Next to House floor for debate. #lalege

To the House which should be approved. Then senate.

My best guess is senate tries to make it 10%. House should pass as is.
This post was edited on 6/11 at 11:56 am


medtiger
LSU Fan
Member since Sep 2003
20230 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Assuming something is passed and signed, how long are we looking at before we're actually able to play?


DallasTiger45
New Orleans Pelicans Fan
Member since May 2012
5951 posts

re: Louisiana Fantasy Sports Bill passes through Senate
quote:

Assuming something is passed and signed, how long are we looking at before we're actually able to play?


I'd guess DFS operators will do everything possible to get it up and running in Louisiana in time for NFL kick off.


BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Governor signed bill.


@LouisianaGov also has signed @TannerDMagee bill creating the regulatory framework for fantasy sports betting. If the tax rate bill passes this session, the betting could start soon. #lalege #lagov


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BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
August 1 at latest I hear.


medtiger
LSU Fan
Member since Sep 2003
20230 posts

re: Louisiana Fantasy Sports Bill passes through Senate
quote:

August 1 at latest I hear


That is fantastic. I'm going to lose so much money playing PGA DFS.


BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Made one lineup for a free play on FD. I can’t wait to be mad with actual real money. Had -6 -5 -5 -2 -2 and Webb


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BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Moving to Senate Wednesday I’d guess. It’s in House final passage. They will pass it. Senate will probably want more %.
This post was edited on 6/15 at 5:21 pm


CBandits82
Lurker since May 2008
Member since May 2012
42276 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Please fricking pass


tzimme4
Chicago Cubs Fan
Metairie
Member since Jan 2008
21197 posts

re: Louisiana Fantasy Sports Bill passes through Senate
House passes Bill 83-9 or 82-11, whether way it's headed to the Senate where it will get favorable treatment. The House is where bills go to die.
This post was edited on 6/17 at 4:42 pm


LooseCannon22282
South Alabama Fan
Mobile
Member since May 2008
26673 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Would you guys wanna do weekly TD Tournaments on there?

I think there is already a group that does them.

I want to say a guy set up a contest during the playoffs last year for those having the blues about FF regular season being over?


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BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Senate wants higher taxing is what happened last time.


BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
If it passes does the session have to end before Gov can sign the bill?


Large Farva
LSU Fan
New Orleans
Member since Jan 2013
6377 posts

re: Louisiana Fantasy Sports Bill passes through Senate
When will senate vote on it?


BallChamp00
Member since May 2015
4258 posts

re: Louisiana Fantasy Sports Bill passes through Senate
More readings today. Any amendments coming today. Hopefully by tomorrow we find out what they want.


medtiger
LSU Fan
Member since Sep 2003
20230 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Anybody hear any updates on this today?


Tigerfan1274
Member since May 2019
380 posts

re: Louisiana Fantasy Sports Bill passes through Senate
Bill tracker says it was considered but no details as of yet. HB 64


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