NewsPublic Affairs / March 3, 2016

Indiana House Approves Daily Fantasy Sports Legislation

The House approved the measure 82-12, sending it back to the Senate. The Senate author of the bill says he hopes his chamber will agree to the House’s changes and send the legislation to the governor.Indiana House, Indiana legislature, daily fantasy sports2016-03-03T00:00:00-05:00

INDIANAPOLIS -- House lawmakers Thursday took what might be their last vote this session on legislation regulating daily fantasy sports. 

The daily fantasy sports bill got quite a makeover in the House.  What was a $5,000 initial licensing fee for operators of the games is now a $50,000 fee.  The bill now has a provision creating a study committee this year that will examine how to require operators to withhold income taxes and overdue child support payments from its players’ winnings. 

Rep. Alan Morrison, R-Terre Haute, the measure’s sponsor, calls it a consumer protection bill.

“It’s aimed at ensuring that the close to one million Hoosiers who participate in daily fantasy sports are doing so with legitimate businesses on a level playing field,” Morison said.

The House approved the measure 82-12, sending it back to the Senate.  The Senate author of the bill says he hopes his chamber will agree to the House’s changes and send the legislation to the governor.

 

 

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