Georgia's House Higher Education Committee further kicked a package of sports betting bills down the road today (25 March) and still does not have consensus on how tax revenue would be spent.
On Wednesday (27 March) the committee will likely vote on whether or not to increase the tax rate in the package of bills from 20% to 25%, eliminate promotional deductions for operators and change where funding is directed as Georgia sports betting legislation continues to be a hot topic.
But multiple sources on the ground in Georgia aren’t hopeful that the online wagering package will pass through the general assembly with just three legislative days remaining.
House sponsor Marcus Wiedower said he would provide committee members with updated language that includes the tax increase, promotional deduction change and a new breakdown of how the funds would be spent, before that meeting.
Earlier versions of the proposals have been approved by the senate, and senate sponsor Bill Cowsert sa..
