SF2085 — A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues, making adjustments to individual and corporate income taxes, providing for fees, and including retroactive applicability provisions.

SF2085 — A bill for an act relating to event-driven contracts traded on dedicated contract markets by requiring a permit to conduct business in the state, imposing a tax on adjusted revenues, making adjustments to individual and corporate income taxes, providing for fees, and including retroactive applicability provisions. · Informed CitizenrySenate File 2085 proposes to regulate and tax 'event-driven contracts' (financial derivatives with fixed binary payouts based on specific future events like sporting activities, elections, legislat…Open in Informed Citizenry