A proposed gaming bill in the State of Georgia requiring venues to pay a 20 percent tax on gaming revenue has been voted down by the regulated Committee.
Proposed legislation that could have seen a referendum on the construction of two resort casinos in the Peach State is dead for at least another year after failing to make it past the committee stage.
Under the proposals the venues would have been required to pay a 20 percent tax on gaming revenue, with the revenue raised earmarked for a range of interests including a scholarship grant.
The legislature, initiated by state senator Brandon Beach, failed to garner enough support to pass the 14-member Regulated Industries and Utilities Committee, despite assertions from Beach that the bill would have passed the state senate floor.
“We feel very confident we have the votes on the Senate floor but you have to get it out of committee to get it to the floor. I will doubledown and plan to crisscross the state starting in April. You can tell everyone, like Arnold Schwarzenegger said, ‘I’ll be back’,” said Beach.
A similar piece of legislation technically remains ongoing in the Georgia House of Representatives, but looks increasingly unlikely to move forward now its Senate counterpart has failed.
Although the legislature would have had to pass several more stages before even invoking a public vote, social and economic conservatives banded together to defeat the bill.
Mike Griffin, of the Georgia Baptist Mission Board welcomed the news and claimed that funding educational scholarships for the underprivileged was not worth permitting casino gambling in the state.