Lawmakers in Colorado are hoping to drum up support for a sports gambling bill quickly. A bill introduced recently would legalize the activity in the state and looks to garner enough attention to be approved during the current session in order for Colorado’s voters to respond to the subject on a ballot entry this coming November. There’s a lot of work to be done and not much time to make it happen.

A bill introduced only last Thursday by Alex Garnett, the Democratic House Majority Leader, and Patrick Neville, the Republican Minority Leader, proposes asking Coloradoans this November if they want sports gambling in the state. The bill specifies a 10% flat tax on net revenue, which would have to be approved by voters. According to state law, any question regarding tax increases has to be approved by Colorado residents.

The bill stipulates that the state’s existing casinos would be eligible for sportsbook licenses. Limited in-person betting would be allowed, as would mobile and online sports wagers. Those operators would have the authority to establish their own betting limits and the program would be relatively liberal, with wagers allowed on both professional and collegiate-level games, including bets on the state’s college teams.

Garnett believes that the tax revenue generated from legalized sports gambling could range anywhere from $5 million to $10 million each year. In some instances, he believes it could reach as much as $20 million, and asserts that the money will be used for conservation efforts and protecting the state’s water.