HB 423/FN (BR 1618) - J. Kay, D. Osborne
AN ACT relating to taxes on pari-mutel wagering and making an appropriation therefor.
Amend KRS 138.510 to lower the pari-mutuel wagering tax to 1.5% for all tracks; allocate proceeds from the tax to support the Equine Industry Program at the University of Kentucky; allocate proceeds from the tax to be used for the construction, expansion, or renovation of facilities or the purchase of equipment for equine programs at state universities; allocate proceeds from the tax to be distributed to the commission to support equine drug testing; APPROPRIATION; DELAYED EFFECTIVE DATE.
Feb 21-introduced in House
Feb 24-to Appropriations & Revenue (H)