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Wednesday, March 26, 2014

Senate revenue bill includes the Standardbred Development Fund

The Senate on Tuesday approved a 1.5% tax on Instant Racing wagering and includes:

"An amount equal to one percent (1%) of all money wagered on live races and historical horse races at the track for harness racing shall be deposited in the Kentucky standardbred development fund"


The House did not concur. The bill will now go to a committee with members from the House and Senate.

Read the full text by Clicking Here.

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