HB 537/LM (BR 1747) - C. Hoffman, L. Clark, R. Adkins, R. Weston, R. Wilkey
AN ACT relating to gaming and making an appropriation therefor.
Establish KRS Chapter 239 and create new sections thereof to establish an infrastructure to manage and oversee casino gaming; establish the Kentucky Gaming Commission and set forth its powers and duties; require the commission to hire an executive director; set forth responsibilities of the executive director and employees of the commission; establish parameters for the issuance of occupational licenses, supplier's licenses, freestanding casino gaming licenses, and racing association gaming licenses; establish parameters for temporary licenses for racing association gaming licensees; establish continuing live racing requirements for racing association gaming licensees; establish conditions of exclusion of individuals from gaming facilities, establish penalties for persons under 21 and for cheating; establish appeal procedures for persons aggrieved by decisions of the commission; establish license fees; provide for an exemption of tangible personal property used in gaming operations from the state and local property tax; provide for an exemption from local occupational taxes for gaming proceeds; direct the distribution of all fees, taxes, fines, and penalties to various entities; establish the state gaming fund; establish accounts within the State Treasury to receive distributions for local governments; address local zoning issues; require the use of a portion of gaming proceeds to supplement purses at racetracks; create a new section of KRS Chapter 142 to impose a wagering tax with an additional levy for freestanding casino licensees; establish the Kentucky compulsive gamblers assistance account in the State Treasury; create new sections of KRS Chapter 230 to establish the Kentucky Equine Breed Authority and to direct the use of funds allocated to the breed authority; make conforming amendments to KRS 243.500, 243.505, 525.090, 528.010, 528.100, 15.380, 12.020, 224.10-020, 372.005, 68.180, 68.197, 91.200, 92.281, 92.300, and 132.208.
Feb 14-introduced in House
Feb 15-to Licensing & Occupations (H)