Colorado Legislative Council Staff

NO FISCAL IMPACT

TITLE:            CONCERNING SIMULCAST SIGNALS OF GREYHOUND RACING EVENTS.

Summary of Assessment

            This bill makes several changes to current law regulating simulcast signals of greyhound racing events. The bill contains the following provisions:

            •   eliminates the requirement in current law that a simulcast facility must receive the consent of an in-state host greyhound track, located within 50 miles of the simulcast facility, to broadcast simulcast races when live races are being run at the in-state host track;

            •   requires simulcast facilities to broadcast in-state races rather than out-of-state races when the broadcast of in-state races is offered on usual and customary terms and conditions, including price;

            •   allows simulcast facilities to broadcast out-of-state signals when an in-state race track does not offer its simulcast signal on usual and customary terms and conditions, including price, and allows simulcast facilities receiving signals to make signals available to other simulcast facilities and tracks;

            •   removes the current law limitations on special event greyhound races, including the current limitation to 15 such events per year;

            •   permits simulcast facilities to receive greyhound simulcast races at any time; and

            •   prohibits the operation of a simulcast facility by anyone who is not licensed to conduct live races.

            The bill will not affect the state or local revenues or expenditures. Therefore, the bill is assessed as having no fiscal impact. The bill would become effective upon signature of the Governor.

Departments Contacted

            Revenue