Introduced by Rep. Brandt Iden (R) on October 2, 2018 To establish a permissive licensure and regulatory regime on fantasy sports games and contests that offer money prizes, with games subject to specified restrictions and requirements, and an initial license fee of up to $50,000 for would-be vendors. Game outcomes would have to be the result of player skill and knowledge and not just chance, with prize amounts specified in advance. Individuals who run small scale fantasy sport games from their home would be exempt from licensure. Official Text and Analysis.
Referred to the House Regulatory Reform Committee on October 2, 2018
Reported in the House on October 4, 2018 Without amendment and with the recommendation that the bill pass.
Substitute offered by Rep. Brandt Iden (R) on November 28, 2018 To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote in the House on November 28, 2018