Staff Analysis of the Legislation
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This legislation authorizes up to four casino gaming establishments in Georgia: two in Metro Atlanta and two in other parts of the state. The state would levy a 20 percent tax on casino revenues; require substantial investment and licensing fees in order for a casino to operate; set aside at least 90 percent of state revenues for the HOPE scholarship program; designate 1-2 percent of revenues for problem gambling organizations; and distribute 1-3 percent of revenues to the local government hosting the casino for infrastructure and public safety purposes. HR 807 is a Constitutional amendment that must be passed by Georgia voters in order for HB 677 to take effect. |