1997 Regular Session

SENATE BILL 546

File Code: Horse Racing Crossfiled with: HOUSE BILL 315
Sponsored By:
Senators Lawlah and Currie
Entitled:
Horse Racing - Taxes - Purses

Synopsis:

Repealing the 0.50% tax on amounts bet on thoroughbred and harness races; and requiring race track licensees to increase by an equal amount the percentage of money that is allocated to purses from amounts bet on races.

Legislative History

Senate Action
1/31
First Reading Finance & Budget and Taxation
3/5
Hearing 3/14 at 1:00 p.m.
3/11
Hearing cancelled
Hearing 3/17 at 1:00 p.m.
3/12
Hearing cancelled
Hearing 3/18 at 1:00 p.m.
House Action
No Action
Sponsored by:
Senator Gloria Gary Lawlah, District 26
Senator Ulysses Currie, District 25
Bill indexed under the following Subjects:
GAMING -see also- BINGO; LOTTERY; RAFFLES
RACING
REVENUE AND TAXES -see also specific taxes -
Bill affects the following Statutes:
Business Regulation
( 11-515 , 11-614 , 11-616 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)