SB 155 AN ACT relating to a two day international horse racing event

About SB-155

Amend KRS 138.510 to limit the tax exclusions that apply when a host track conducts a two-day international horse racing event that distributes in excess of a total of twenty million dollars in purses and awards; create a new section of KRS Chapter 148 to allow the Tourism, Arts and Heritage Cabinet to receive a promotional package without charge of fees at a two-day international horse racing event that distributes in excess of a total of twenty million dollars in purses and awards.