KY HB423 | 2014 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 21 2014 - 25% progression, died in committee
Action: 2014-02-24 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on February 21 2014 - 25% progression, died in committee
Action: 2014-02-24 - to Appropriations & Revenue (H)
Pending: House Appropriations and Revenue Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
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.
Title
AN ACT relating to taxes on pari-mutel wagering and making an appropriation therefor.
Sponsors
| Rep. James Kay [D] | Rep. David Osborne [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-02-24 | House | to Appropriations & Revenue (H) |
| 2014-02-21 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/14RS/HB423.htm |
| Text | http://www.lrc.ky.gov/record/14RS/HB423/bill.doc |
| Supplement | http://www.lrc.ky.gov/record/14RS/HB423/FN.doc |
