KY HB368 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Engrossed on March 1 2010 - 50% progression, died in committee
Action: 2010-03-26 - to Rules (H)
Pending: House Rules Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Engrossed on March 1 2010 - 50% progression, died in committee
Action: 2010-03-26 - to Rules (H)
Pending: House Rules Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 138.511 to define "advance deposit account wagering," "dark day," "handle," "Kentucky resident," "pari-mutuel wager," "race meeting footprint," "secondary pari-mutuel organization," and "takeout"; create a new section of KRS 138.510 to 138.550 to require an SPMO to pay a tax in the amount of one and one-half percent on each wager placed by a Kentucky resident; require the tax be reported and paid in accordance with KRS 138.530; amend KRS 138.530 to establish time period for remittance of tax; require a SPMO to file a return and to keep books and records in which Kentucky residents and amounts wagered are easily determined and verified; subject all books and records to inspection by the department and authority; direct the distribution of revenue; permit the suspension, revocation, or denial of renewal of an SPMO's license for failing to comply with this Act.
Title
AN ACT relating to the taxation of secondary pari-mutuel organizations and making an appropriation.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-03-26 | to Rules (H) | |
2010-03-26 | received in House | |
2010-03-26 | 3rd reading, passed 21-17 with Committee Substitute (2), committee amendment (1-title) | |
2010-03-26 | reported favorably, to Rules with Committee Substitute (2) | |
2010-03-26 | posted for passage in the Regular Orders of the Day for Friday, March 26, 2010 | |
2010-03-16 | recommitted to State & Local Government (S) | |
2010-03-12 | reported favorably, to Rules with Committee Substitute, committee amendment (1-title) | |
2010-03-08 | returned to State & Local Government (S) | |
2010-03-08 | 2nd reading | |
2010-03-08 | taken from committee | |
2010-03-05 | returned to State & Local Government (S) | |
2010-03-05 | 1st reading | |
2010-03-05 | taken from committee | |
2010-03-03 | to State & Local Government (S) | |
2010-03-01 | received in Senate | |
2010-02-26 | 3rd reading, passed 85-8-1 | |
2010-02-24 | posted for passage in the Regular Orders of the Day for Thursday, February 25, 2010 | |
2010-02-24 | 2nd reading, to Rules | |
2010-02-23 | reported favorably, 1st reading, to Calendar | |
2010-02-22 | posting waived | |
2010-02-08 | to Appropriations & Revenue (H) | |
2010-02-03 | introduced in House |
Kentucky State Sources
Type | Source |
---|---|
Summary | http://www.lrc.ky.gov/record/10RS/HB368.htm |
Text | http://www.lrc.ky.gov/record/10RS/HB368/bill.doc |