Legislation authorizing a pari-mutuel tax break for a racetrack that hosts the Breeders' Cup World Championships has been pre-filed for the 2009 Kentucky General Assembly session.
Legislation that would require racetracks to submit detailed daily reports on pari-mutuel handle and attendance, and various parties to submit racehorse injury reports, has been pre-filed for the 2009 session of the Kentucky General Assembly.
A Kentucky legislator is calling for even stricter equine drug-testing measures that call for pre-race testing of all horses within one hour of post time.
A Kentucky legislator has pre-filed several bills for the 2004 General Assembly session, including one that would authorize electronic gaming devices at racetracks, and another that calls for a constitutional amendment on the subject.
Two bills that would permit officials in Kentucky to spend money on equine drug research out of state were withdrawn from consideration in the state House of Representatives.
Kentucky racetrack operators made their case Feb. 21 for the right to operate electronic gaming devices, but the House Appropriations and Revenue Committee postponed action on the legislation pending review of how the state's share of revenue would be spent.
Legislation to authorize electronic gaming devices at Kentucky racetracks was introduced Feb. 18 with a new twist: The tracks have offered to pay hundreds of millions of dollars up front to help the state tackle its lingering budget crisis as long as they get exclusive rights to gaming in the marketplace.
Two bills introduced in the Kentucky legislature would permit officials to spend money on drug research pertinent to the horse racing and breeding industries out of state if they so desire. Current statute mandates the money stay at Kentucky research facilities.
A look at the financial dealings of the multimillion-dollar Kentucky Health and Welfare Fund, a benevolence organization that already has been the subject of a review by the Kentucky Auditor of Public Accounts, will continue later this year, legislators said during a Feb. 12 hearing.
A Kentucky legislator plans to introduce a bill for racetrack-based gaming, but he said the state might have to look to casino gambling at locations other than tracks in the future.
A probe into the finances of the Kentucky Health and Welfare Fund, created by legislation in 1978, is almost complete, state officials told the Louisville Courier-Journal. The charity, funded by uncashed pari-mutuel tickets, has about $7 million in its account.
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