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House Bill 1729

House Bill 1729

ARCHIVE (2009)

Latest Information

DIGEST OF HB1729 (Updated February 25, 2009 2:24 pm - DI 84)

Gaming tax relief. Allows a riverboat to deduct qualified promotional allowances from the riverboat's adjusted gross receipts for state fiscal years beginning after June 30, 2009 and ending before July 1, 2013. Provides that the maximum amount that a riverboat may deduct for a particular state fiscal year is $5,000,000. Reduces the slot machine wagering tax brackets through June 30, 2013.
Current Status:
In Committee - 2nd House
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