House Bill 522

Actions
Last Action to Appropriations & Revenue (H)
Title AN ACT relating to the taxation of advance deposit wagering licenses and making an appropriation therefor.
Bill Documents Bill
Impact Statements Fiscal Note
Bill Request Number 1853
Sponsor L. Clark
Summary of Original Version Amend KRS 138.511 to define "advance deposit account wagering," "advance deposit account wagering licensee," "commission," "handle," "Kentucky resident," and "takeout"; create a new section of KRS 138.510 to 138.550 to impose a tax of one-half of one percent on amounts wagered through advance deposit wagering account licensees by Kentucky residents, effective August 1, 2014; amend KRS 138.530 to require the tax to be remitted weekly and to specify distribution of tax revenue; amend KRS 138.550 to specify penalty for failure to remit tax.
Index Headings of Original Version Fiscal Note - Advance deposit account wagering licensees, taxation of
Gambling - Advance deposit account wagering, taxation of
Licensing - Advance deposit account wagering licensees, taxation of
Racing - Advance deposit account wagering, taxation of
Taxation - Advance deposit account wagering, taxation of

Actions

Top
03/04/14
  • introduced in House
03/05/14
  • to Appropriations & Revenue (H)


Last updated: 8/27/2019 6:52 PM (EDT)