09/30/2020
KNOW THE FACTS! Games of Chance – Tax Statute ballot question #431
Shall a statute be enacted which: (1) establishes an annual tax on gross gaming revenue generated by authorized gaming operators of games of chance within licensed racetrack enclosures of 20% of gross gaming revenue; (2) distributes 75% of such gaming tax revenues to the state for credit of 2.5% to the Compulsive Gamblers Assistance Fund, 2.5% to the General Fund, and 70.0% to the Property Tax Credit Cash Fund; (3) distributes 25% of such gaming tax revenues to the county where such licensed racetrack enclosure is located if the licensed racetrack enclosure is solely in an unincorporated area of a county or distributes 25% of such gaming tax revenues evenly between the county and the city or village where such licensedracetrack enclosure is located where the licensed racetrack enclosure is at least partially within the limits of a city or village in such county; and (4) designates the Nebraska Gaming Commission to collect , remit for distribution, and enforce penalties associated with such tax?
