IN HB1401 | 2017 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on January 17 2017 - 25% progression, died in committee
Action: 2017-01-18 - Representatives Goodin and Lehe added as coauthors
Pending: House Public Policy Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Advance deposit wagering. Authorizes wagering on horse racing through advance deposit wagering. Provides for the regulation of advance deposit wagering. Imposes an excise tax on wagers made through advance deposit wagering by Indiana residents. Establishes the equine industry infrastructure fund for the deposit of the excise tax revenue. Authorizes the use of the excise tax revenue for grants to promote Indiana horse racing and Indiana horse racing tracks. Authorizes the Indiana horse racing commission to adopt administrative rules concerning advance deposit wagering.

Tracking Information

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Title

Advance deposit wagering. Authorizes wagering on horse racing through advance deposit wagering. Provides for the regulation of advance deposit wagering. Imposes an excise tax on wagers made through advance deposit wagering by Indiana residents. Establishes the equine industry infrastructure fund for the deposit of the excise tax revenue. Authorizes the use of the excise tax revenue for grants to promote Indiana horse racing and Indiana horse racing tracks. Authorizes the Indiana horse racing commission to adopt administrative rules concerning advance deposit wagering.

Sponsors


History

DateChamberAction
2017-01-18HouseRepresentatives Goodin and Lehe added as coauthors
2017-01-17HouseFirst reading: referred to Committee on Public Policy
2017-01-17HouseAuthored by Representative Cherry

Indiana State Sources


Bill Comments

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