Taxation; state privilege tax levied for historical horse racing

Where it is in the process

Plain-English Summary

This bill would create a new statewide tax of 8% on the net gambling revenue from historical horse racing activities, replacing all existing state and local taxes on these activities. It would repeal several local laws that currently allow counties and municipalities to collect taxes on pari-mutuel wagering. If passed, the Department of Revenue would collect this new tax from historical horse racing licensees.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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