Kentucky legislation · 2026 Regular Session
Kentucky HB739: AN ACT relating to the partial distribution of pari-mutuel racing tax receipts to local governments.
Status: In committee, March 4, 2026
Amend KRS 138.510 to allocate moneys from the pari-mutuel racing excise tax distribution to the local government support fund; create a new section of KRS Chapter 230 to establish the pari-mutuel racing local government support fund to be administered by the Department for Local Government; establish parameters for use of fund moneys; amend KRS 131.190 to allow the Department of Revenue to share information relating to the calculation of the new fund distribution.
What the bill says
An act relating to the partial distribution of pari-mutuel racing tax receipts to local governments.
From the introduced text:
AN ACT relating to the partial distribution of pari-mutuel racing tax receipts to local governments. Be it enacted by the General Assembly of the Commonwealth of Kentucky: Section 1. KRS 138.510 is amended to read as follows: (1) (a) Before August 1, 2022, except as provided in paragraph (e) of this subsection and subsection (3) of this section, an excise tax is imposed on all tracks conducting pari-mutuel wagering on live racing under the jurisdiction of the corporation as follows: 1. For each track with a daily average live handle of one million two hundred thousand dollars ($1,200,000) or above, the tax shall be in the amount of three and one-half percent (3.5%) of all money wagered on live races at the track during the fiscal year; and 2. For each track with a daily average live handle under one million two hundred thousand dollars ($1,200,000), the tax shall be one and one-half percent (1.5%) of all money wagered on live races at the track during the fiscal year. (b) Beginning August 1, 2022, the excise tax imposed on all tracks conducting pari-mutuel wagering on live racing under jurisdiction of the corporation shall be one and one-half percent (1.5%) of all money wagered on live races at the track during the fiscal year. (c) Beginning on April 1, 2014, an …
Sponsors
- Alan Gentry (D, HD-046) · primary sponsor
- Matthew Lehman (D, HD-067)
Latest actions
- : to Appropriations & Revenue (H)
- : adopted by voice vote
- : to Committee on Committees (H)
- : introduced in House
Subjects: Reports Mandated, Horses And Horse Racing, Budget And Financial Administration, Local Mandate, Local Government
Common questions
- What is HB739?
- HB739 is a bill in the Kentucky Legislature (2026 Regular Session): AN ACT relating to the partial distribution of pari-mutuel racing tax receipts to local governments.
- What does HB739 do?
- In its own words: An act relating to the partial distribution of pari-mutuel racing tax receipts to local governments.
- What is the status of HB739?
- In committee as of March 4, 2026. Latest action: to Appropriations & Revenue (H) (March 4, 2026).
- Who sponsored HB739?
- Alan Gentry (D, HD-046), with 1 co-sponsor.
- Where is the official record for HB739?
- On the Kentucky Legislature website: https://apps.legislature.ky.gov/record/26rs/hb739.html
Source: official Kentucky record. Tracked by Delilah, AI for legislation across all 50 states and Congress.