Rep. Bell Provides Small Businesses with an Additional Avenue for Earning Revenue

Tuesday, January 29, 2008 7:00 pm

Start Date:  1/29/2008  All Day  
End Date:  1/29/2008    
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(STATEHOUSE) Jan. 29, 2007 - The Indiana House of Representatives on Tuesday took steps to revise Indiana's gaming regulations by passing House Bill 1153, co-authored by Rep. Matt Bell (R-Avilla).

House Bill 1153 authorizes the sale of raffles, pull tabs, punchboards and tip boards in establishments authorized to sell alcohol. This would financially benefit local residents, because retailers would be required to pay fees that would be distributed throughout the county where the retail establishment is located.

"Around the state, there are small businesses that need additional revenue, and they are looking for a vehicle to provide it," said Rep. Bell. "Small businesses, such as taverns, play a critical role in local economies, so it makes sense to allow these folks, under extremely controlled and regulated circumstances, to take in gaming, since we have already condoned this behavior for fraternal organizations and private clubs. The measures in this bill will allow small businesses the opportunity to exist. Additionally, excise tax collected on pull tabs, punchboards and tip boards will be sent home to the communities in which they were collected. This provides a new and needed revenue stream for the county and municipal governments as well as schools."

Currently, only the Hoosier Lottery may sell and approve use of these products in bars or taverns.

The bill will now move to the Senate, and will be sponsored by Senator Bob Meeks and Senator Jim Arnold.