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House Bill 1598


House Bill 1598

ARCHIVE (2003)

Latest Information

 

DIGEST OF HB 1598 (Updated February 19, 2003 5:18 PM - DI 92)


Pull tabs. Authorizes the sale of pari-mutuel pull tabs at race tracks and satellite facilities in Fort Wayne and Indianapolis. Imposes a wagering tax of 31%. Provides for tax distributions within Madison County and Shelby County. Requires permit holders to execute financial agreements with the respective cities in order to operate a satellite facility with pull tabs in Fort Wayne and Indianapolis. Provides for revenue sharing. Imposes a fee for the promotion of horse racing based upon net receipts from pull tab sales. Establishes the minority and women business participation fund consisting of fees and civil penalties imposed upon riverboats and pull tab operators.
Current Status:
 In Committee - first House
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