Keyword: excise tax

  • KY Racing Aid Bill Called 'Life Preserver'

    Legislation authorizing Instant Racing, a tax on advance deposit wagering, and a reduction in the pari-mutuel excise tax sailed through the Kentucky Senate Committee on State and Local Government March 11.

  • BC Tax Break Passes Kentucky Senate

    A 187-page bill that passed the Kentucky Senate March 13 includes provisions for a tax break for the Breeders' Cup World Championships if the event is held in Kentucky in 2011 or 2012, or 2011 and 2012.

  • KY Bill: Use Taxes to Fund Horse Racing

    A Kentucky lawmaker is preparing racing-related legislation with a primary goal of funding the Kentucky Horse Racing Commission, equine drug testing, and supplements for purses and stakes at the state's racetracks.

  • Account-Bet Provisions Stripped From Arkansas Bill

    Legislation that would grant Oaklawn Park a reduction in its pari-mutuel excise tax is back in the Arkansas Senate's Committee on Revenue and Tax after having failed to pass the Senate Thursday. The bill has already been amended to strike out language that would authorize Oaklawn and Southland Greyhound Park to engage in account wagering.