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Amend CSHB 1434 (House Committee Report) by adding the
following appropriately numbered SECTION to the bill and
renumbering subsequent SECTIONS of the bill accordingly:
SECTION __. Subchapter F, Chapter 466, Government Code, is
amended by adding Section 466.257 to read as follows:
Sec. 466.257. STATE REVENUE ON PERCENTAGE WAGERED. Any game
of chance operated under the commission's authority or regulated by
the commission must generate as revenue to this state an amount that
is not less than 12 percent of the total amount wagered or otherwise
paid to play or participate in the game of chance. This section
does not apply to bingo conducted in accordance with Chapter 2001,
Occupations Code.