DIGEST OF INTRODUCED BILL
Taxation of racetrack casinos. Renames the amounts paid to support horse racing from slot machine revenues as racing support fees. Requires the department of state revenue to collect the racing support fee, the county slot machine wagering fee, and the supplemental fee. Establishes the Indiana horse racing support fund for the deposit of the racing support fee. Requires that the fees must be remitted on a daily basis. Provides that the slot machine wagering tax imposed on racetrack casinos is determined using taxable receipts that are calculated by excluding some of the racing support fees, county slot machine wagering fees, and supplemental fees remitted by the racetrack casinos. Allows all of the remitted fees to be excluded in 2013. Repeals an obsolete definition. Makes an appropriation.