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Legislative Year: 2022 Change
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Bill Detail: SB22-117

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Title Gross Receipts Of Out-of-state Pari-mutuel Bets
Status Senate Committee on Finance Postpone Indefinitely (04/20/2022)
Bill Subjects
  • Gaming, Lottery, Racing
House Sponsors
Senate Sponsors R. Fields (D)
D. Coram (R)
House Committee
Senate Committee Finance
Date Introduced 02/03/2022
Summary

Current law prohibits a racing or simulcast facility licensee for the
racing of greyhounds or horses to take more than a certain percentage of
the gross receipts of any pari-mutuel wagering on the races or simulcast

races. The bill states that, when gross receipts is used in reference to
money received by a licensee from an out-of-state simulcast facility, the
term means money received by the licensee after the out-of-state
simulcast facility has deducted the costs, signal fees, and taxes that it is
required to pay to its regulatory and taxing authorities.

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with Amendments
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Fiscal Notes Fiscal Notes (02/22/2022) (most recent)  
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