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.