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DIGEST OF INTRODUCED BILL
Tax withholding. Requires adjusted gross income tax and local option income tax withholding from pari-mutuel horse racing purse money, purse supplements, and breed development awards paid in amounts exceeding $1,200 to a nonresident taxpayer. Specifies filing and refund procedures with respect to taxes withheld from winnings, horse racing payments, gambling winnings, charity gaming prizes, and lottery prizes.