The proposed bill amends various sections of the Nebraska Revised Statutes concerning the State Racing and Gaming Commission, introducing significant changes aimed at enhancing regulatory oversight in the horseracing and gaming industries. Key provisions include the requirement for licensure of racetrack enclosures, the introduction of fingerprinting and criminal history checks for individuals involved in horseracing, and the establishment of new definitions related to gaming operations. The bill also restructures the commission's funds, eliminating the Racing Cash Fund and modifying the duration of licenses for conducting races from five years to three years. Additionally, it reduces the number of annual commission meetings from eight to six and outlines new operational requirements for existing and newly established racetracks.

Further amendments include a structured payment plan for the initial gaming operator license fee, allowing payments to be made over five years, and clarifying the commission's powers to grant, deny, revoke, and suspend licenses. The bill also updates definitions related to horseracing and gaming, while exempting eligible corporations from the Uniform Disposition of Unclaimed Property Act. Notably, it removes references to the "gaming commission" in the Uniform State Tax Lien Registration and Enforcement Act, indicating a shift in authority regarding tax lien matters. Overall, the bill aims to create a more robust regulatory framework for gaming operations in Nebraska, ensuring compliance and accountability within the industry.

Statutes affected:
Introduced: 2-1201, 2-1202, 2-1203, 2-1203.01, 2-1203.02, 2-1204, 2-1205, 2-1223, 2-1225, 2-1244, 2-1245, 9-1101, 9-1103, 9-1106, 9-1107, 9-1108, 9-1203, 9-1205, 9-1206, 9-1207, 9-1208, 9-1209