SENATE DOCKET, NO. 2419        FILED ON: 1/17/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Michael D. Brady

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act to encourage capital investment in retail sports wagering facilities.

_______________

PETITION OF:

 

Name:

District/Address:

Michael D. Brady

Second Plymouth and Norfolk


SENATE DOCKET, NO. 2419        FILED ON: 1/17/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

[Pin Slip]

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-Fourth General Court
(2025-2026)

_______________

 

An Act to encourage capital investment in retail sports wagering facilities.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Section 3 of chapter 23N of the General Laws is hereby amended by striking out the last clause in the definition of “Category 2 license” and inserting in place thereof the following:-

provided further, a category 2 licensee may, in lieu of the fee in section 5(f), make a capital investment of not less than $7,500,000 in a sports wagering facility.