Taxation; state privilege tax on revenues of pari-mutuel wagering activities, levied

Summary

The bill adds a new state privilege tax of four percent on the net gambling revenue of licensees that operate historical horse‑racing pari‑mutuel wagering. The tax is collected by the Department of Revenue and replaces any other state taxes on those activities. It does not change taxes on live greyhound or thoroughbred racing and does not expand gambling beyond what is already legal.

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