Last Action | 03/31/23: signed by Governor (Acts Ch. 147) |
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Title | AN ACT relating to wagering and making an appropriation therefor. |
Bill Documents |
Acts Chapter 147
Current/Final Introduced |
Fiscal Impact Statements |
Actuarial Analysis
Corrections Impact Local Mandate Additional Fiscal Impact Statements Exist |
Bill Request Number | 812 |
Sponsors | M. Meredith, A. Gentry, C. Aull, K. Banta, J. Bauman, J. Dixon, P. Flannery, D. Graham, T. Huff, M. Koch, D. Osborne, R. Palumbo, R. Roberts, C. Stevenson, K. Timoney, N. Wilson |
Summary of Original Version | Create a new section of KRS Chapter 230 to establish the wagering administration fund from sports wagering taxes and fees; direct use of that fund toward related administrative expenses of the Public Protection Cabinet; deposit all remaining funds in the Kentucky permanent pension fund; create new sections of KRS Chapter 230 to require the racing commission to institute a system of sports wagering at tracks; limit the types of events upon which wagers may be placed; establish sports wagering licensure requirements; prohibit participants from wagering on events in which they participate and from tampering with the outcome of a sporting event; amend KRS 230.210 to define "interactive sports wagering technology and service provider," "sporting event," and "sports wagering"; amend KRS 230.215 to declare the intent to allow citizens to enjoy sports wagering and allow the racing commission to promulgate administrative regulations prescribing conditions under which sports wagering is to be conducted; amend KRS 230.990 to penalize participants or licensee employees who wager on sporting events or any person who tampers with the outcome of a sporting event; create a new section of KRS Chapter 138 to define “adjusted gross income” and impose a tax on sports wagering; amend KRS 243.500, 525.090, 528.010, 528.020, 528.070, and 528.080 to exempt sports wagering; amend KRS 68.182, 91.202, 92.282, 230.225, 230.240, 230.260, 230.310, and 230.361 to conform; add severability clause; APPROPRIATION. |
Index Headings of Original Version |
Local Mandate - Sporting events, gaming and wagering Fiscal Note - Sports wagering taxes and fees, permanent pension fund, funding Gambling - Sporting events, gaming and wagering Licensing - Sporting events, gaming and wagering Racing - Sports wagering, regulation, Kentucky Horse Racing Commission Retirement and Pensions - Sports wagering taxes and fees, permanent pension fund, funding State Agencies - Kentucky Horse Racing Commission, sports wagering, regulation Horses and Horse Racing - Sports wagering, regulation, Kentucky Horse Racing Commission Taxation - Sporting events, gaming and wagering Wagering - Sporting events, licensed gaming Administrative Regulations and Proceedings - Sporting events, gaming and wagering Amusements and Recreation - Sporting events, gaming and wagering Appropriations - Sports wagering, taxes and fees Athletics - Sporting events, gaming and wagering Actuarial Analysis - Sports wagering taxes and fees, permanent pension fund, funding Corrections Impact - Sports wagering, regulation, Kentucky Horse Racing Commission |
Jump to Proposed Amendments |
House Committee Substitute 1 with Fiscal Impact Statements House Floor Amendment 1 House Floor Amendment 2 House Floor Amendment 3 House Floor Amendment 4 House Floor Amendment 5 |
Votes | Vote History |
02/22/23 |
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02/24/23 |
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03/07/23 |
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03/08/23 |
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03/09/23 |
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03/10/23 |
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03/13/23 |
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03/14/23 |
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03/15/23 |
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03/16/23 |
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03/30/23 |
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03/31/23 |
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Amendment | House Committee Substitute 1 |
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Fiscal Impact Statements |
Actuarial Analysis to House Committee Substitute 1
Corrections Impact to House Committee Substitute 1 Local Mandate to House Committee Substitute 1 |
Summary | Retain original provisions except change the definition of service provider to allow service providers to operate at a licensed facility for sports wagering and simulcast facility; allow sports wagering at a simulcast facility with the track's established service providers; remove the 12 month in person registration requirement; make technical changes; APPROPRIATION. |
Index Headings |
State Agencies - Kentucky Horse Racing Commission, sports wagering, regulation Horses and Horse Racing - Sports wagering, regulation, Kentucky Horse Racing Commission Taxation - Sporting events, gaming and wagering Wagering - Sporting events, licensed gaming Administrative Regulations and Proceedings - Kentucky Horse Racing Commission, sporting events, gaming and wagering Amusements and Recreation - Sporting events, gaming and wagering Appropriations - Sports wagering, taxes and fees Athletics - Sporting events, gaming and wagering Actuarial Analysis - Sports wagering taxes and fees, permanent pension fund, funding Corrections Impact - Sporting events, gaming and wagering Local Mandate - Sporting events, gaming and wagering Gambling - Sporting events, gaming and wagering Licensing - Sporting events, gaming and wagering Racing - Sports wagering, regulation, Kentucky Horse Racing Commission Retirement and Pensions - Sports wagering taxes and fees, permanent pension fund, funding |
Amendment | House Floor Amendment 1 |
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Sponsor | M. Meredith |
Summary | Amend to conform Section 3. |
Index Headings |
Gambling - Sporting events, gaming and wagering Licensing - Sporting events, gaming and wagering Racing - Sports wagering, regulation, Kentucky Horse Racing Commission |
Amendment | House Floor Amendment 2 |
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Sponsor | J. Calloway |
Summary | Prohibit credit cards from being used as a form of payment. |
Index Headings |
Gambling - Sporting events, gaming and wagering Licensing - Sporting events, gaming and wagering Racing - Sports wagering, regulation, Kentucky Horse Racing Commission |
Amendment | House Floor Amendment 3 |
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Sponsor | J. Calloway |
Summary | Increase the age of access for sports wagering to 21. |
Index Headings |
Gambling - Sporting events, gaming and wagering Licensing - Sporting events, gaming and wagering Racing - Sports wagering, regulation, Kentucky Horse Racing Commission |
Amendment | House Floor Amendment 4 |
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Sponsor | M. Meredith |
Summary | Retain original provisions; add definitions of sporting event and taxpayer; make conforming changes related to the definitions added. |
Index Headings |
Gambling - Sporting event, definition Taxation - Sporting event, definition Wagering - Sporting event, definition |
Amendment | House Floor Amendment 5 |
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Sponsor | M. Meredith |
Summary | Retain original provisions; create the Kentucky problem gambling assistance account; allot 2.5% of funds received in the sports wagering administration fund to the Kentucky problem gambling assistance account; add definitions of sporting event and taxpayer; make conforming changes related to the definitions added; make technical corrections; renumber sections and internal cites; delete sections 19 to 22; amend KRS 436.480 to exempt sports wagering from KRS Chapter 528. |
Index Headings |
Gambling - Kentucky problem gambling assistance account, funds Gambling - Sporting event, definition Taxation - Sporting event, definition Wagering - Sporting event, definition |
Last updated: 11/9/2023 3:03 PM (EST)