increase a limit on video lottery gaming, and to deposit moneys into a new fund.

Summary

SB 226 would establish a new Residential Tax Reduction Fund in the state treasury, managed by the Department of Revenue, to provide property‑tax relief for owner‑occupied single‑family homes. It also raises the maximum bet and free‑game credit limits on video lottery machines and changes how lottery revenue is allocated, sending any state share above $165 million per year to the new fund. The bill failed after being deferred to the 41st legislative day.

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