This description outlines a proposed ballot issue that would allow voters to decide whether the state should be allowed to retain and spend all sports betting tax revenue exceeding the $29 million initially approved by voters in 2019. Under the original agreement, any tax revenue from sports betting above that amount is supposed to be refunded to casinos. However, this new ballot initiative asks voters if they agree that the excess revenue should instead be directed towards water conservation and protection projects rather than being returned to the casinos.
In short, the ballot issue is about whether the state can keep sports betting tax revenue beyond the initial projections to use for environmental purposes, specifically water-related projects.