SB 70

Provides that the licensed owner of the riverboat located in the city of Rising Sun (licensed owner) may relocate gaming operations to a casino in Allen County or Fort Wayne if certain conditions are met. Requires the licensed owner to pay a fee of $50,000,000 if the licensed owner sells or transfers the licensed owner's interest in the licensed owner's license within 10 years of the approval of relocation. Provides for the distribution of wagering tax revenue and supplemental wagering tax revenue from a casino in Allen County or Fort Wayne. Provides that a board is established for the purpose of making collaborative decisions for tax revenue.