- Rayne man dies in two-vehicle crash, police say
- A Louisiana bill could send more minors to adult prisons
- Laredo police dismiss reports Guy Fieri, Sammy Hagar lost 4,000 cases of tequila in heist
- Tom's of Maine toothpaste made with bacteria-filled water, FDA warns
- Mattel releases doll honoring EGOT winner Rita Moreno
Louisiana bill to increase sports betting tax withdrawn from special session
0
BATON ROUGE, La. (BRPROUD) — A proposed bill that aimed to increase taxes on sports betting was withdrawn Monday during the Louisiana Legislature's third special session.
House Bill 22, authored by Rep. Roger Wilder III (R-Denham Springs) was withdrawn from the House of Representatives on Monday. The bill would have increased current tax rates on sports wagering from 15% to 51%.
This bill would have affected electronic sports wagering on websites and mobile applications.
According to a study, Louisiana is one state that saw an increase in sports betting tax revenue from 2022 to 2023. Louisiana saw a 29.5% increase in sports betting tax revenue, going from $34.2 million to $44.3 million.