Macon County; local privilege tax on pari-mutuel activities, established
Reported Out of Committee Second House
Summary
The bill creates an eight‑percent privilege tax on the net gambling revenue that historical horse‑racing licensees earn from pari‑mutuel betting on computerized machines in Macon County. The tax is collected by the Macon County Racing Commission and replaces any other local taxes on this activity, while leaving live greyhound and thoroughbred racing taxes unchanged. It is intended to generate local revenue without expanding gambling beyond what is already legal.
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