IN SB0403 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2011 - 25% progression, died in committee
Action: 2011-01-11 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 11 2011 - 25% progression, died in committee
Action: 2011-01-11 - First reading: referred to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Renames the amounts paid to support horse racing from slot machine revenues as racing support fees. Requires the department of state revenue to collect the racing support fee, the county slot machine wagering fee, and the supplemental fee. Establishes the Indiana horse racing support fund for the deposit of the racing support fee. Requires that the fees must be remitted on a daily basis. Provides that the slot machine wagering tax imposed on racetrack casinos is determined using taxable receipts that are calculated by excluding some of the racing support fees, county slot machine wagering fees, and supplemental fees remitted by the racetrack casinos. Allows all of the remitted fees to be excluded in 2013. Repeals an obsolete definition. Makes an appropriation.
Title
Taxation of racetrack casinos.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-11 | First reading: referred to Committee on Tax and Fiscal Policy | |
| 2011-01-11 | Authored by Senator Lanane |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2011&session=1&request=getBill&doctype=SB&docno=0403 |
| Text | http://www.in.gov/legislative/bills/2011/IN/IN0403.1.html |
