AN ACT relating to the partial distribution of pari-mutuel racing tax receipts to local governments.
Amend KRS 138.510 to allocate moneys from the pari-mutuel racing excise tax distribution to the local government support fund; create a new section of KRS Chapter 230 to establish the pari-mutuel racing local government support fund to be administered by the Department for Local Government; establish parameters for use of fund moneys; amend KRS 131.190 to allow the Department of Revenue to share information relating to the calculation of the new fund distribution.
Local Government
Reports Mandated
Local Mandate
Budget and Financial Administration
Horses and Horse Racing
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