HB248
WWW Version
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HB 248 (BR 1022) - A. Koenig, C. McCoy, K. Moser, J. Nemes, S. Santoro, A. Simpson, J. Sims Jr, D. St. Onge
AN ACT relating to fantasy contests and making an appropriation therefor.
Establish KRS Chapter 239 and create new sections thereof to establish definitions; require fantasy contest operators to be registered with the cabinet before operating fantasy contests; establish registration requirements; create the fantasy contest administration fund; prescribe the conditions upon which the cabinet may grant registration to a fantasy contest operator; require registrants to implement reasonable procedures for the conduct of fantasy contests that require an entry fee; require registrants to annually submit their records to a cabinet-approved certified public accountant to perform an audit; direct registrants to keep daily records of its operations; direct the cabinet to promulgate administrative regulations that govern the operation of fantasy contests, with exceptions.
AMENDMENTS
HCS1 - Retain original provisions except change the audit requirement to an examination requirement.
HFA1( A. Koenig ) - Retain original provisions; amend definition of "adjusted gross revenue" to clarify that the revenue amount is to be multiplied by the location percentage, not the resident location.
HFA2( A. Koenig ) - Retain original provisions; amend definition of "adjusted gross revenue" to clarify that the revenue amount is to be multiplied by the location percentage, not the resident location.
HFA1( A. Koenig ) - Retain original provisions; amend definition of "adjusted gross revenue" to clarify that the revenue amount is to be multiplied by the location percentage, not the resident location.
HFA2( A. Koenig ) - Retain original provisions; amend definition of "adjusted gross revenue" to clarify that the revenue amount is to be multiplied by the location percentage, not the resident location.
Jan 25, 2018 - introduced in House
Jan 29, 2018 - to Licensing, Occupations, & Admin Regs (H)
Feb 02, 2018 - posted in committee
Feb 21, 2018 - reported favorably, 1st reading, to Calendar with Committee Substitute; floor amendments (2) filed to Committee Substitute, (1) filed to Bill
Feb 22, 2018 - 2nd reading, to Rules
Feb 28, 2018 - posted for passage in the Regular Orders of the Day for Thursday, March 1, 2018
Mar 19, 2018 - taken from the Regular Orders of the Day; recommitted to Licensing, Occupations, & Admin Regs (H)