Ohio SB199 amends tax laws to levy a fee on gross sports gaming wagers and specifies revenue use for sports facilities and interscholastic athletics.
Ohio SB199 amends the state's tax laws to impose a fee on gross sports gaming wagers, with the revenue generated to be used for supporting publicly owned professional sports facilities and interscholastic athletics. The bill specifies the creation of several funds to manage and distribute these revenues, including the sports gaming revenue fund, sports gaming profits education fund, and interscholastic athletics fund.
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