Nebraska Gambling Tax, Measure 419 (2004)
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Nebraska Measure 419 was on the November 2, 2004 ballot in Nebraska as an initiated state statute, where it was approved.[1]
- Yes: 380,161 (51.2% )
- No: 362,673 (48.8%)
The measure was sponsored by a pro-gambling organization calling itself Keep the Money in Nebraska. The same group sponsored three other initiatives in 2004:
Text of the proposal
The language that appeared on the ballot:
Shall a statute be enacted which: (1) establishes an annual tax on gross gaming revenue generated at permitted locations of 36% of the first $15 million and 20% of gross gaming revenue exceeding $15 million; (2) distributes 75% of gaming tax revenues from casinos to the State and 25% to the community authorizing such gaming; (3) distributes 25% of gaming tax revenues at other permitted locations to the State and 75% to the authorizing community or communities; (4) establishes a $100 annual gaming license fee on each operator per permitted location?
A vote for will enact a statute which: (1) establishes an annual tax on gross gaming revenue generated at permitted locations (defined as locations where authorized operators operate games of chance, including casinos, strategic premises, racetracks, and on-premises establishments) of 36% of the first $15 million of gross gaming revenue and 20% of gross gaming revenue in excess of $15 million; (2) distributes 75% of gaming tax revenues from casinos to the State General Fund and 25% to the community authorizing such casino gaming; (3) distributes 25% of gaming tax revenues at other permitted locations to the State General Fund and 75% to the authorizing community or communities, pro rata; and (4) establishes an annual gaming license fee of $100 on each operator per permitted location.
A vote against will not cause such a statute to be enacted.
See also
Reference
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