HB 537/FN (BR 1702) - T. Burch, J. Jenkins, P. Bather, S. Brinkman, De. Butler, J. Draud, J. Haydon
AN ACT relating to electronic gaming at racetracks as a part of the state lottery, and making an appropriation therefor.
Establish Chapter 230A of Kentucky Revised Statutes to authorize electronic gaming, to be supervised by the Kentucky Lottery Corporation; make findings regarding gaming as a part of the state lottery; add numerous definitions; provide for limits on application and annual licensing fees; grant the Lottery Corporation powers necessary and proper to effectuate the provisions of Chapter 230A; provide that an application for an electronic gaming device (EGD) operator license may be denied or revoked or not renewed if gaming income is not remitted to the Lottery Corporation; require that each EGD operator be responsible for remitting gaming income to the Lottery Corporation; provide for the distribution of gaming income among various entities and appropriate funds paid into the state general fund; amend KRS 137.190 to comply with new gaming statutes; amend KRS 138.480 to provide admission tax to a racetrack not to be paid with a free admission; amend KRS 154A.130 to require that all gaming income paid to the Lottery Corporation shall be deposited into a separate gaming income account; amend KRS 154A.420 to require that all licensed electronic gaming device operators furnish to the Lottery Corporation all protocol documentation and electronic funds transfer data necessary to effectuate the timely transfer of gaming income; amend KRS 230.260 to clarify that the Racing Commission shall have all enforcement powers needed, and to promulgate administrative regulations governing the integration of EGD games at racetracks, and that the Racing Commission can charge a fee for all licenses issued, including those under KRS Chapter 230A; amend KRS 138.510 to retroactively exempt standardbred racetracks from certain excise taxes imposed and increase the amount of moneys to be allocated to the equine industry program trust and revolving fund at the University of Louisville; amend KRS 230.265 to increase the amount of moneys to be used in financing equine drug research and testing; amend KRS 137.990, 138.550, 230.360, and 230.380 to conform to the repeal of KRS 137.170 and 137.180; amend KRS 230.550 to provide that part of the funds for the Equine Industry Program at the University of Louisville shall be used for education and an annual symposium to promote Kentucky's thoroughbred industry; include a severability clause; include language stating that the excise tax exemption referred to in Section 13 of this Act shall be applied retroactively to July 1, 2002; repeal KRS 137.170 and 137.180; and provide that if any action is brought for declaratory or injunctive relief to challenge the constitutionality of this Act, certain rules shall apply.
HB 537 - AMENDMENTS
HFA (1, P. Marcotte) - Delete provisions of bill; propose amendment to Section 226 to the Constitution of Kentucky to permit referendum on video lottery terminals at racetracks.
HFA (2/Title, P. Marcotte) - Make title amendment.
Feb 18-introduced in House
Feb 19-to Appropriations and Revenue (H)
Feb 20-posting waived
Feb 24-floor amendments (1) and (2-title) filed
|