Provides relative to the dedication of revenue from sports wagering. (7/1/26)

Present law requires that amounts collected from the tax on net gaming proceeds from sports wagering be credited to various funds described in present law, including the La. Early Childhood Education Fund.

Present law requires the amount credited to the La. Early Childhood Education Fund be 25%, not to exceed $20 million.

Proposed law removes the $20 million cap on amounts credited to the La. Early Childhood Education Fund. Proposed law requires that 25%, or $20 million, whichever is greater, be credited to the La. Early Childhood Education Fund.

Effective July 1, 2026.

(Amends R.S. 27:625(G)(2))