KY HB140 | 2012 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on January 3 2012 - 25% progression, died in committee
Action: 2012-01-03 - to Licensing & Occupations (H)
Pending: House Licensing and Occupations Committee
Text: Latest bill text (Draft #2) [MS Word]

Summary

Create a new section of KRS Chapter 154A to set forth legislative findings; amend KRS 154A.010 to define "authorizing county," "casino," "casino gaming," "county," "county legislative body," "department," "full casino gaming," "gaming licensee," "gross gaming revenue," "handle," "licensee," "limited casino gaming," and "principal"; amend KRS 154A.030 to increase the board to twelve members, including the executive director of the Kentucky Horse Racing Commission and the Auditor of Public Accounts and prohibit directors or their family members from holding significant interest in a gaming licensee; amend KRS 154A.040 to exempt trade secrets of a licensee; amend KRS 154A.063 to conform; create new sections of KRS Chapter 154A to require local option elections for the approval of casino gaming in counties with a population in excess of 90,000 or in cities of the fourth class or greater with a horse racing track; specify procedure for petition of election; specify that the corporation is the only government agency authorized to solicit bids for casino licensure and provide requirements for invitations to bid; specify factors to be considered when considering a bid; specify initial licensing fee and annual licensing fee; stipulate requirements for licensing of horse racing tracks for casino gaming; require tracks with a casino license to continue to run at least as many live races as were run in 2011, and provide exemptions; establish requirements and procedures for applying for supplier's licenses; prohibit any unlicensed person from furnishing gaming supplies and equipment; prohibit anyone under 21 years of age from participating in casino gaming; establish procedure for licensing of occupations related to casino gaming; grant the corporation the authority to initiate disciplinary action; establish procedure for review and appeal of actions by the corporation; establish problem gamblers awareness and treatment trust fund; require the Cabinet for Health and Family Services to promulgate regulations to address the expenditure of funds from the problem gamblers awareness and treatment trust fund and require an annual report on expenditures; establish 31% tax on gross gaming revenue, allow the corporation to recoup operating costs from tax for first 24 months, and cap corporation's deduction at $2 million per year thereafter; require 15% of each gaming licensee's revenue to be paid to the Kentucky equine industry enhancement fund; impose admission tax of $3 per person and dedicate funds to the regional tourism and infrastructure development fund; establish gaming revenue distribution trust fund; establish the Kentucky equine industry enhancement trust fund and stipulate uses for funds; create the regional tourism and infrastructure development fund and specify uses for funds; create the childhood education excellence development fund; create the Kentucky job creation development fund; allocate funds paid from the tax on gross gaming revenue to trust funds established by the bill; exempt gaming devices in compliance with the chapter from the provisions of 15 U.S.C. sec. 1172 and exempt shipments to Kentucky gaming licensees from 15 U.S.C. secs. 1173 and 1174; require the corporation to promulgate administrative regulations to define the types of games and the method of operation; permit the exclusion of certain persons from licensed casinos, exclusion may not be based on race, color, creed, national origin, ancestry, religion, gender, or the amount won at a casino; define "cheat" and provide penalties for violation; amend KRS 243.500 to exempt the conduct and operation of authorized casino gaming; amend KRS 243.505 to exempt the operation of casino gaming licensed under this Act; amend KRS 525.090 to exempt those engaged in casino gamine licensed under KRS Chapter 154A; amend KRS 528.010 to exempt activities or devices licensed under this Act; amend KRS 528.020 to exempt those licensed under this Act; amend KRS 528.070 to exempt those licensed under this Act; amend KRS 528.080 to exempt those licensed under this act; amend KRS 528.100 to exempt casino gaming as defined under Section 2 of the Act.

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Title

AN ACT relating to the expansion of gaming and making an appropriation therefor.

Sponsors


History

DateChamberAction
2012-01-03 to Licensing & Occupations (H)
2012-01-03 introduced in House

Kentucky State Sources


Bill Comments

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