House Bill 248

Actions | Amendments
Last Action recommitted to Licensing, Occupations, & Admin Regs (H)
Title AN ACT relating to fantasy contests and making an appropriation therefor.
Bill Documents Current/Final
Introduced
Bill Request Number 1022
Sponsors A. Koenig, C. McCoy, K. Moser, J. Nemes, S. Santoro, A. Simpson, J. Sims Jr, D. St. Onge
Summary of Original Version Establish KRS Chapter 239 and create new sections thereof to establish definitions; require fantasy contest operators to be registered with the cabinet before operating fantasy contests; establish registration requirements; create the fantasy contest administration fund; prescribe the conditions upon which the cabinet may grant registration to a fantasy contest operator; require registrants to implement reasonable procedures for the conduct of fantasy contests that require an entry fee; require registrants to annually submit their records to a cabinet-approved certified public accountant to perform an audit; direct registrants to keep daily records of its operations; direct the cabinet to promulgate administrative regulations that govern the operation of fantasy contests, with exceptions.
Index Headings of Original Version Appropriations - Fantasy Contest Fund, establishing
Licensing - Fantasy contest operators, registration requirements for
Public Protection - Fantasy contests, administrative regulations governing
Proposed Amendments House Committee Substitute 1
House Floor Amendment 1
House Floor Amendment 2

Actions

Top | Amendments
01/25/18
  • introduced in House
01/29/18
  • to Licensing, Occupations, & Admin Regs (H)
02/02/18
  • posted in committee
02/21/18
  • reported favorably, 1st reading, to Calendar with Committee Substitute
  • floor amendments (2) filed to Committee Substitute, (1) filed to Bill
02/22/18
  • 2nd reading, to Rules
02/28/18
  • posted for passage in the Regular Orders of the Day for Thursday, March 1, 2018
03/19/18
  • taken from the Regular Orders of the Day
  • recommitted to Licensing, Occupations, & Admin Regs (H)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Summary Retain original provisions except change the audit requirement to an examination requirement.
Index Headings Appropriations - Fantasy Contest Fund, establishing
Licensing - Fantasy contest operators, registration requirements for
Public Protection - Fantasy contests, administrative regulations governing

Amendment House Floor Amendment 1
Sponsor A. Koenig
Summary Retain original provisions; amend definition of "adjusted gross revenue" to clarify that the revenue amount is to be multiplied by the location percentage, not the resident location.
Index Headings Appropriations - Fantasy Contest Fund, establishing
Licensing - Fantasy contest operators, registration requirements for
Public Protection - Fantasy contests, administrative regulations governing

Amendment House Floor Amendment 2
Sponsor A. Koenig
Summary Retain original provisions; amend definition of "adjusted gross revenue" to clarify that the revenue amount is to be multiplied by the location percentage, not the resident location.
Index Headings Appropriations - Fantasy Contest Fund, establishing
Licensing - Fantasy contest operators, registration requirements for
Public Protection - Fantasy contests, administrative regulations governing

Last updated: 1/16/2019 3:00 PM (EST)