GAMING TAX EXEMPTION IN DISASTER AREA

SB 393 provides a temporary exemption from gaming taxes for casinos and gaming businesses operating in areas declared disaster zones due to wildfires (specifically those declared in June 2024 by the governor). This exemption applies to all gaming taxes until July 1, 2029, directly benefiting licensed gaming operators in affected wildfire zones. The bill requires the exemption to be tracked in the state's tax expenditure budget and includes a delayed repeal effective July 1, 2029. It does not create new taxes or alter existing tax rates but temporarily suspends an existing tax for qualifying businesses in declared disaster areas.