SB 135 — GAMING: Provides relative to the dedication of revenue from sports wagering. (7/1/27) (EG SEE FISC NOTE SD RV See Note)

SLS 26RS-408 ORIGINALENGROSSED Regular Session SENATE BILL NO.

(7/1/26)(7/1/27) AN ACT ToToamendandreenactR.S. amend and reenact R.S.

27:625(G)(2),27:625(G)(2)and (8), relative to sports wagering;

to provide relative to the funds credited to the Louisiana EarlyChildhood EducationEducationFund;toproviderelativetothefundscreditedtotheSupportingPrograms, Opportunities, Resources, and Teams Fund;

to provide for a cap;

27:625(G)(2) isand (8) are hereby amended and reenacted to read as follows:

* * * (2)(2)Twenty-fivepercentofthemoniescollectedpursuantto Twenty-fiveSubsection percentofthemoniescollectedBof pursuantPage to1 thisof Section,3 notCoding: to exceed or twenty million dollars, whichever is greater, shall be credited to the Louisiana Early Childhood Education Fund established by R.S.

17:407.30.

* * * Page 1 of 2 Coding:

SLS 26RS-408 ORIGINALENGROSSED SB NO.

135 Section2.ThisActshallbecomeeffectiveonJuly1,2026;ifvetoedbythegovernorthis andSection, subsequentlynot approvedto byexceed thetwentymillion legislature,dollars, this Act shall becomebe effectivecredited onto the dayLouisiana followingEarly suchChildhood approvalEducation byFund theestablished legislatureby orR.S. July 1, 2026, whichever is later.

The17:407.30. original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Senate Legislative Services.

* * * (8) Twenty-five percentof the monies collected pursuant to Subsection B of this Section, not to exceed twenty million dollars, shall be credited to the SupportingPrograms,Opportunities,Resources,andTeamsFundestablishedbyR.S.

17:1792.

* * * Section2.ThisActshallbecomeeffectiveonJuly1,2027;ifvetoedbythegovernor and subsequently approved by the legislature, this Act shall become effective on the day following such approval by the legislature or July 1, 2027, whichever is later.

The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared bySenate Legislative Services.

1:13(B) and 24:177(E)] DIGEST SB 135 OriginalEngrossed 2026 Regular Session Mizell Presentlawrequiresthatamountscollectedfromthetaxonnetgamingproceedsfromsports wagering be credited to various funds described in present law, including the La.

Early Childhood Education Fund and the Supporting Programs, Opportunities, Resources, and Teams Fund.

Early Childhood Education Fund be 25%,25%,not not to exceedexceed$20 $20million million.fromthenetproceedsofonsite andmobile sports wagering.

Proposed law further requires that 25%,25% orof $20the million,net whichevermobile issports greater,wagering proceeds be credited to the La.

EffectivePresent Julylaw 1,requires 2026.the amount credited to the Supporting Programs, Opportunities, Resources, and Teams Fund be 25% of the net mobile sports wagering proceeds.

Proposed law requires a $20 million cap on the amounts credited to the Supporting Programs, Opportunities, Resources, and Teams Fund.

Effective July 1, 2027.

27:625(G)(2))27:625(G)(2) and (8)) Page 2 of 23 Coding:

Words which are struck through are deletions from existing law;

words in boldface type and underscored are additions.

SLS 26RS-408 ENGROSSED SB NO.

135 Summary of Amendments Adopted by Senate Committee Amendments Proposed bySenate Committee on Finance to the original bill 1.

Require the monies deposited into the La.

Early Childhood Education Fund be 25% of the net mobile sports wagering proceeds.

2.

Remove the $20 million floor on the amount credited to the La.

Early Childhood Education Fund.

3.

Remove the requirement that the deposit to the La.

Early Childhood Education Fund equal the greater of 25% of collections or $20 million.

4.

Require a $20 million cap on the amount credited to the Supporting Programs, Opportunities, Resources, and Teams Fund.

5.

Change the effective date from July 1, 2026 to July 1, 2027.