| 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 |
| 03/04/14 |
|
|---|---|
| 03/05/14 |
|
Last updated: 8/27/2019 6:52 PM (EDT)