Secretary of State No.
LEGALIZING AND LICENSING GAMBLING. INITIATIVE CONSTITUTIONAL AMENDMENT. Adds Article XXXII to Constitution. Permits wagering and gambling in licensed establishments. Creates five-man state Commission empowered to license and supervise pari-mutuel betting at tracks, off-track bookmaking, wagering on athletic and skill contests, and gambling games and devices. Authorizes Commission to operate or license gaming, lotteries, etc. Imposes percentage taxes on money wagered, revenue to be deposited in pension and welfare fund for payment of aged and blind aid allowances. Names first members of Commission, future members to be elected. Continues licensing authority of Horse Racing Board.
Legalizing And Licensing Gambling California Initiative 1950-L-1 (1950).