Macon County; local privilege tax on pari-mutuel activities, established
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Progress
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- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill establishes a new local tax in Macon County, Alabama, on the profits generated from historical horse racing wagering. Specifically, it levies an 8% privilege tax on the net gambling revenue collected from pari-mutuel wagering at historical horse racing facilities. The Macon County Racing Commission will collect and distribute this tax, and it supersedes any existing local taxes related to these activities. The bill also clarifies that this tax does not apply to other forms of racing, such as live greyhound or thoroughbred racing.
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