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SB2520 • 2026

Gaming

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 49 and Title 67, relative to revenues from sports gaming.

Education Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Yarbro, McKenzie
Last action
2026-02-05
Official status
Passed on Second Consideration, refer to Senate State and Local Government Committee
Effective date
Not listed

Plain English Breakdown

The official source material does not provide detailed information on how the funds will be distributed or specific details about the rural and urban areas that will benefit from this act.

Sports Gaming Revenue for Youth Programs

This bill changes how sports gaming money is used in Tennessee by setting aside a small part of it to help at-risk youth programs.

What This Bill Does

  • Reduces the amount that goes to one fund from 80% to 78% of the tax collected from sports betting.
  • Adds a new rule that requires 2% of the sports gaming tax money to be given to programs that help at-risk youth in both rural and urban areas.
  • Creates a program within the Department of Economic and Community Development to manage how this money is used.

Who It Names or Affects

  • People who place bets on sports events
  • Programs for at-risk youth in Tennessee

Terms To Know

Privilege tax
A special kind of tax that people or businesses pay to the government when they do something like betting on sports.
At-risk youth
Young people who might face challenges such as poverty, lack of education, or other difficulties that could affect their future negatively.

Limits and Unknowns

  • The bill does not specify exactly how the money will be distributed to at-risk youth programs.
  • It is unclear what specific rural and urban areas will receive funding from this act.

Bill History

  1. 2026-02-05 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate State and Local Government Committee

  2. 2026-02-05 Tennessee General Assembly

    Assigned to s/c Finance, Ways, and Means Subcommittee

  3. 2026-02-05 Tennessee General Assembly

    P2C, ref. to Finance, Ways, and Means Committee

  4. 2026-02-04 Tennessee General Assembly

    Intro., P1C.

  5. 2026-02-03 Tennessee General Assembly

    Filed for introduction

  6. 2026-02-02 Tennessee General Assembly

    Introduced, Passed on First Consideration

  7. 2026-02-02 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
HOUSE BILL 2441
By McKenzie

SENATE BILL 2520
By Yarbro
SB2520
012086
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 4,
Chapter 49 and Title 67, relative to revenues from
sports gaming.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 4-49-104(e)(1)(A), is amended by
deleting the language "eighty percent (80%) of the privilege tax" and substituting "seventy-eight
percent (78%) of the privilege tax".
SECTION 2. Tennessee Code Annotated, Section 4-49-104(e), is amended by adding
the following as a new subdivision:
(4) Two percent (2%) of the privilege tax collected under this section must be
distributed by the council to the state treasurer and allocated to rural and urban at-risk
youth programs. The department of economic and community development shall
establish, within existing resources, a program for the administration and distribution of
funds in accordance with this subdivision (e)(4).
SECTION 3. This act takes effect July 1, 2026, the public welfare requiring it.