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House Bill 1188


House Bill 1188

ARCHIVE (2004)

Latest Information

 

DIGEST OF HB1188 (Updated February 4, 2004 8:50 pm - DI 84)


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 33%. 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 funding to horsemen with a promotion fee charged to the permit holders. Provides for revenue sharing. Establishes the state pull tab wagering fund, the local capital projects fund, the education reserve fund, and the minority and women business participation fund. Makes other changes concerning race tracks and satellite facilities.
Current Status:
 In Committee - 2nd House
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