Taxation; state privilege tax on historical racing activities, further provided; local taxes, repealed

Summary

The bill imposes a new state privilege tax of four percent on the net revenues of any business that offers historical horse or greyhound racing on computerized machines. It restricts these machines to six specific sites in Greene, Jefferson, Macon, Mobile, Houston, and Lowndes counties and repeals a number of local pari‑mutuel taxes. The change is intended to standardize taxation and concentrate historical racing activity.

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