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Two Nebraska Sports Betting Bills On Tap During Special Session

  • An online sports betting bill has been introduced in a special Nebraska legislative session
  • LB 13 seeks to legalize online sports betting in the state
  • Nebraska currently has legal in-person sports betting at state racinos

A special Nebraska legislative session, called by Gov. Jim Pillen (D) to find solutions to lower state property taxes, will at least feature a discussion on the legalization of online sports betting.

Sen. Eliot Bostar (D-29) introduced LB 13 on July 25 to legalize online sports betting in the Cornhusker State. The bill was referred to the General Affairs Committee and will have a hearing on Wednesday, July 31.

Nebraska legalized in-person sports betting at state casinos in 2021, but launched the new form of gaming in June 2023. The newly introduced bill will allow casinos to offer online sports betting to Nebraska residents through either their own platforms or through a partnership with an operator.

Dedicating More Tax Revenue for Property Tax Relief

Bostar’s bill amends the Nebraska Racetrack Gaming Act to allow casinos to offer online sports betting. In the introduced legislation, Bostar dedicates the majority of online sports betting tax revenues to property tax relief for state residents.

“The legislature finds that Nebraska relies more heavily on local property taxes to support public education compared to other states and consistently ranks in the top ten among all states in terms of per capita property tax burden on its citizens. The legislature further finds that is important to authorize and impose a tax upon the gross gaming of sports wagering by means of an online sports wagering platform in order to create a property tax relief program to reduce the tax liability of property taxes paid to support public education,” he wrote in the bill.

LB 13 is scheduled for a General Affairs Committee hearing on Wednesday, July 31.

The proposed legislation dedicates 90% of online sports betting tax revenue to the Property Tax Credit Cash fund, which provides property tax relief for Nebraskans. Currently, in-person sports betting is taxed at a rate of 20% of gross sports betting revenue and dedicates 70% of tax revenue to the property tax fund.

Three percent of the remaining sports betting tax revenues would be dedicated to a compulsive gamblers assistance fund, 3.5% to the Racing and Gaming Commission’s Racetrack Gaming fund, and 3.5% to the Racing and Gaming Commission’s Racing Cash Fund.

His bill also lifts a prohibition on sports bets on in-state colleges and allows for collegiate prop bets on teams and individuals.

To legalize online sports betting, Bostar also introduced LR3CA, which would place the fate of an online sports betting bill in the hands of state voters. The legislative resolution would require a constitutional amendment to legalize online sports betting, which would have to be approved by three-fifths of the Nebraska legislature, and then approved by a majority of state voters in the November election.

Additional Sports Betting Bill Introduced

Bostar’s bill is not the only piece of sports betting legislation to be introduced during the special session. Sen. Tom Brandt (R-32) introduced LB 32 on July 26 to allow for sports bets on in-state colleges and collegiate prop bets on teams and individuals.

Brandt’s bill, which was referred to the General Affairs Committee, only applies to in-person Nebraska sports bets.

It will also have a hearing on Wednesday, July 31.

The post Two Nebraska Sports Betting Bills On Tap During Special Session appeared first on Sports Betting Dime.



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