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re: DraftKings approved in Louisiana. NOW LIVE!!!!

Posted on 6/9/20 at 7:16 pm to
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/9/20 at 7:16 pm to
Still not read in yet.
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/10/20 at 6:56 pm to
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 6/10/20 at 6:57 pm
Posted by Tigerfan1274
Member since May 2019
3128 posts
Posted on 6/11/20 at 11:09 am to
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.
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/11/20 at 11:54 am to
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 6/11/20 at 11:56 am
Posted by medtiger
Member since Sep 2003
21652 posts
Posted on 6/11/20 at 12:14 pm to
Assuming something is passed and signed, how long are we looking at before we're actually able to play?
Posted by DallasTiger45
Member since May 2012
8419 posts
Posted on 6/11/20 at 12:19 pm to
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.
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/11/20 at 12:28 pm to
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
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/11/20 at 12:30 pm to
August 1 at latest I hear.
Posted by medtiger
Member since Sep 2003
21652 posts
Posted on 6/11/20 at 10:17 pm to
quote:

August 1 at latest I hear


That is fantastic. I'm going to lose so much money playing PGA DFS.
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/12/20 at 7:44 am to
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
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/15/20 at 2:40 pm to
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 6/15/20 at 5:21 pm
Posted by CBandits82
Lurker since May 2008
Member since May 2012
54039 posts
Posted on 6/15/20 at 5:21 pm to
Please fricking pass
Posted by tzimme4
Metairie
Member since Jan 2008
28364 posts
Posted on 6/17/20 at 4:41 pm to
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 6/17/20 at 4:42 pm
Posted by LooseCannon22282
Mobile
Member since May 2008
33706 posts
Posted on 6/17/20 at 6:59 pm to
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?
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/17/20 at 7:06 pm to
Senate wants higher taxing is what happened last time.
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/17/20 at 7:06 pm to
If it passes does the session have to end before Gov can sign the bill?
Posted by Large Farva
New Orleans
Member since Jan 2013
8308 posts
Posted on 6/17/20 at 9:22 pm to
When will senate vote on it?
Posted by BallChamp00
Member since May 2015
6355 posts
Posted on 6/18/20 at 8:17 am to
More readings today. Any amendments coming today. Hopefully by tomorrow we find out what they want.
Posted by medtiger
Member since Sep 2003
21652 posts
Posted on 6/22/20 at 12:33 pm to
Anybody hear any updates on this today?
Posted by Tigerfan1274
Member since May 2019
3128 posts
Posted on 6/22/20 at 3:16 pm to
Bill tracker says it was considered but no details as of yet. HB 64
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