Bills · 2017-2018 Regular Session
Relating to: registration of fantasy contest operators, requiring the exercise of rule-making authority, and providing a penalty. (FE)
Amusement Athletics Financial institutions, department of Gambling
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill requires fantasy contest operators to register with the Department of
Financial Institutions to operate in this state and imposes certain requirements on
fantasy contest operators as specified in the bill. “Fantasy contest" is defined in the
bill as being a fantasy or simulation game or contest in which one or more players
compete against each other and a winning outcome reflects the relative knowledge
and skill of fantasy contest players and is determined predominantly by
accumulated statistical results of the performance of individuals, including athletes
in the case of sporting events. To obtain an initial registration, a fantasy contest
operator must become authorized to transact business in this state, apply to DFI and
submit evidence that the fantasy contest operator complies or will comply with
requirements specified in the bill, and pay the initial registration fee. The fantasy
contest operator must renew this registration annually.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Oct 9, 2017 · Senate
Introduced by Senators Feyen and Hansen; cosponsored by Representatives Vorpagel, Mason, Brostoff, Anderson, Kuglitsch, Genrich, Fields, Berceau, Tauchen, Gannon and Krug
- Oct 9, 2017 · Senate
Read first time and referred to Committee on Revenue, Financial Institutions and Rural Issues
- Oct 11, 2017 · Senate
Representative Ohnstad added as a cosponsor
- Oct 11, 2017 · Senate
Fiscal estimate received
- Oct 11, 2017 · Senate
Fiscal estimate received
- Oct 19, 2017 · Senate
Representative Kleefisch added as a cosponsor
- Oct 20, 2017 · Senate
Fiscal estimate received
- Oct 20, 2017 · Senate
Fiscal estimate received
- Nov 16, 2017 · Senate
Fiscal estimate received
- Mar 28, 2018 · Senate
Failed to pass pursuant to Senate Joint Resolution 1