Gaming to Fund WindStorm Insurance in Texas.

HB 494 (TX | 2019) & HJR 36 (TX | 2019) would set up this gaming network:

• Limited to Jefferson, Galveston and Nueces Counties
  • The Jefferson County location requires commissioner court approval
• Oversight by the Lottery Commission
• Limits gaming to 9 casino licenses 
  • including 3 horse/dog tracks in Harris and Bexar Counties
• The State Gaming Account created
• funded by 18% tax on a casino’s gross gaming revenue
• windstorm funding:
  • lesser of 50% of revenues OR amount needed by TWIA for insured losses and operating expenses
  • Held in the CATASTROPHIC FLOODING ASSISTANCE TRUST FUND

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