The Kentucky General Assembly early March 30 signed off on a $20 billion state budget that includes revenue components for the horse racing and breeding industry, including tax rates for Instant Racing and ADW.
Casinos at five racetracks in Kentucky would generate about $86 million a year for the horse industry, a sponsor of expanded gambling legislation told the House Licensing and Occupations Committee Jan. 15.
The Kentucky House Appropriations and Revenue Committee passed legislation authorizing a tax on advance deposit wagering Feb. 12, but it remains to be seen if all parties agree on the language in the measure.
Legislation that would impose an excise tax on advance deposit wagers made by Kentucky residents was introduced in the state House of Representatives Jan. 9.
The multi-year quest for a stable funding source for the Kentucky Horse Racing Commission took another turn March 10 when legislation to increase the powers of the KHRC unanimously passed a Senate committee. Whether the bill is approved--and whether the commission gets a new funding source--could be determined on the Senate floor.
A Kentucky lawmaker has introduced legislation that would impose a 3.5% tax on out-of-state advance deposit wagering companies that take bets from Kentucky residents.
Legislation to authorize video lottery terminals at Kentucky racetracks will be amended in several key areas, one of which is a substantial increase in the licensing fee racetracks would pay for VLT licenses.
To continue dialogue on why Kentucky needs expanded gaming, and to further educate the General Assembly on the matter, Kentucky Equine Education Project executive director Patrick Neely recently gave a presentation during a special legislative subcommittee meeting in Frankfort, the state capital.
The Sales Integrity Task Force submitted its first report to Kentucky lawmakers at a Joint Interim Committee on Licensing and Occupations meeting June 19 in Erlanger, Ky.
Thirty-six representatives of the Kentucky horse industry have agreed to join the Sales Intergrity Task Force, which will meet again sometime in May. The complete list of members was released April 30 by the Thoroughbred Owners and Breeders Association.
Kentucky lawmakers differ on the reasons legislation that would have provided stable funding for the Kentucky Horse Racing Authority died during this year's General Assembly session. Meanwhile, a call has gone out for legislators to rally around a push for expanded gambling in the state.
Legislation to authorize casino gambling at racetracks and non-racing facilities has been introduced again in the Kentucky House of Representatives.
Should the Kentucky horse racing industry push for casino gambling during the 2006 General Assembly session, it apparently won't have the support of Democratic Rep. Larry Clark.
The Kentucky Horse Racing Authority is prepared to provide legislators with information regarding proposed changes in the state's race-day medication policy, but as of June 14 it hadn't received official word of the request.
Two Central Kentucky legislators who have been active in raising the profile of the horse industry among the state General Assembly retained their seats in the Nov. 2 election.
Prominent owners and breeders in Kentucky are putting together a coalition whose mission will be to educate the public and members of the state legislature on the importance of the horse industry.
The Kentucky racing industry's next chance to win approval for a constitutional amendment on racetrack casinos will come in 2006, the Kentucky Thoroughbred Association said in a letter to members.
A Senate-approved plan to authorize creation of a multi-jurisdictional wagering hub in Kentucky was shot down by the House of Representatives March 29.
An amendment to require the new 13-member Kentucky Horse Racing Authority to have no more than seven members of the same political party isn't expected to thwart Republican Gov. Ernie Fletcher's plans, a state senator said March 25.
Kentucky legislators have left open the possibility expanded gambling could be revisited in the future, but they claim greed and resistance by the horse racing and breeding industry put a casino bill on the shelf for the 2004 session. Industry officials disagree with that perspective.
Disagreement between the horse racing industry and a legislator has put casino legislation in Kentucky in a tenuous position for the current session.
Legislation to authorize a constitutional amendment on casino gambling at nine locations--five of them racetracks--in Kentucky was filed Feb. 27 in the state House of Representatives. A companion bill was filed in the Senate.
A Louisville legislator is prepared to file a bill to authorize a constitutional amendment on casino gambling in Kentucky under a scenario in which gaming wouldn't be limited to racetracks.
Trainer D. Wayne Lukas was honored after the races April 28 by the Kentucky Horsemen's Benevolent and Protective Association. The event was held at the Kentucky Derby Museum at Churchill Downs.
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