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]

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.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

AN ACT relating to the taxation of secondary pari-mutuel organizations and making an appropriation.

Sponsors


History

DateChamberAction
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


Bill Comments

feedback