SENATE BILL 546

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)