Three Republican senators have filed three similar bills, all of which are aimed at legalizing sports betting in the state of Missouri.
The three senators are:
Sen. Caleb Rowden sponsor of SB 256
Sen. Denny Hoskins sponsor of SB 18
Sen. Tony Luetkemeyer sponsor of SB 217
While all three bills relate to online and sports that are mobile, you can find small differences when considering the initial two mentioned above with regards to taxation prices.
SB 256 proposes a tax price of 6.75per cent which may place Missouri on a par with Iowa once the state because of the cheapest activities tax that is betting 18 proposes a higher tax rate of 9%.
SB 217 differs in that it compels operators to use sports that are official data.
All three senators have stated which they wish the income tax created from a regulated activities industry that is betting go directly to education. Their estimates put this figure at around $50 million per