|
45-44-151.02
Section 45-44-151.02 State and local taxes. (a) The total parimutuel pools or handle bet by
bettors placing their bets at the Macon County racetrack on greyhound racing events that are
received by television from elsewhere shall be subject to the state privilege tax levied by
Chapter 26A, Title 40, and to all local taxes on parimutuel wagering at the same rate, in
the same manner, and on the same terms as are applicable to the local parimutuel tax on live
greyhound racing conducted at the Macon County racetrack. The total handle bet at the Macon
County racetrack on horse racing events that are received by television from elsewhere shall
be subject to all of the following: (1) A local tax on parimutuel wagering that shall be levied
at the same rates and calculated in the same manner as the commission horse wagering fee levied
pursuant to Section 11-65-30 for horse racing conducted in Class 1 municipalities and shall
be collected, administered, and distributed in the same manner and on...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.02.htm - 2K - Match Info - Similar pages
45-32-151.02
Section 45-32-151.02 State and local taxes. (a) The total pari-mutuel pools or handle bet by
bettors placing their bets at the Greene County Racetrack on greyhound racing events that
are received by television from elsewhere shall be subject to the state privilege tax levied
by Chapter 26A, Title 40, and to all local taxes on pari-mutuel wagering at the same rate,
in the same manner, and on the same terms as are applicable to the local pari-mutuel tax on
live greyhound racing conducted at the Greene County Racetrack; provided, however, that any
additional amounts due pursuant to the current licenses issued by the Greene County Racing
Commission shall be the amounts due and payable to the racing commission. The total handle
bet at the Greene County Racetrack on horse racing events that are received by television
from elsewhere shall be subject to (1) a local tax on pari-mutuel wagering that shall be levied
at the same rates and calculated in the same manner as the commission horse...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-32-151.02.htm - 2K - Match Info - Similar pages
45-44-151
Section 45-44-151 Televised racing events and parimutuel wagering thereon. The provisions of
Part 1 to the contrary notwithstanding, any person now or hereafter licensed by the Macon
County Racing Commission to conduct live greyhound racing and parimutuel wagering thereon,
a racing operator shall have the right, subject to the reasonable regulatory authority of
the commission: (1) To cause live greyhound racing events conducted at the racetrack in Macon
County under the jurisdiction of the commission, or the Macon County racetrack, to be transmitted
by television to racetracks located elsewhere in the State of Alabama and to locations in
other states and foreign countries and there made available for public viewing and parimutuel
wagering thereon and; (2) To cause televised horse racing events and greyhound racing events
held at racetracks located elsewhere in the State of Alabama and in other states and foreign
countries to be received at the Macon County racetrack and there made...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.htm - 1K - Match Info - Similar pages
45-44-151.03
Section 45-44-151.03 Provisions respecting takeout of racing events. In order to provide a
uniform takeout for parimutuel wagering on live greyhound racing events and on horse or greyhound
racing events that are conducted elsewhere and received by television at the Macon County
racetrack, and to enable the Macon County racetrack to maximize its participation in combined
pools with other racetracks both inside and outside the State of Alabama, the Legislature
hereby finds and determines that it is necessary and desirable to authorize the uniform takeout
hereinafter provided for parimutuel pools wagered by bettors present at the Macon County racetrack,
notwithstanding Section 40-26A-2, which section is hereby superseded to the extent that its
provisions purport to govern the takeout at the Macon County racetrack in a manner inconsistent
with this part. Subject to Section 45-44-151.01, relating to adjustment of the takeout for
combined pools, the total takeout allowed to the racing...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.03.htm - 1K - Match Info - Similar pages
45-44-151.05
Section 45-44-151.05 Construction of part. This part shall be liberally construed to expand
the opportunity of patrons of the Macon County racetrack to wager on televised racing events
conducted at other racetracks and to participate in combined pools with respect to such events.
Nothing in this part shall be construed to authorize, or make lawful, off-track betting or
gambling of any kind at any location in the State of Alabama other than a racetrack where
parimutuel wagering on live racing may be lawfully conducted. (Act 96-649, p. 1038, ยง 7.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.05.htm - 863 bytes - Match Info - Similar pages
45-44-151.01
Section 45-44-151.01 Combined parimutuel pools and takeout for televised racing events. With
respect to greyhound racing events that are conducted at the Macon County racetrack and are
transmitted by television to other locations, the racing operator may create and administer
parimutuel pools that, in addition to bets made by bettors at the Macon County racetrack,
include bets made by bettors at one or more of the locations receiving the televised racing
events. With respect to horse or greyhound racing events that are conducted at racetracks
other than the Macon County racetrack and are received by television at the Macon County racetrack,
the racing operator may participate in parimutuel pools, created and administered by the racetrack
conducting the televised events, that include bets made by bettors at the Macon County racetrack
as well as bets made by bettors at the racetrack conducting the televised events and at other
locations receiving the televised events. Parimutuel pools...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.01.htm - 2K - Match Info - Similar pages
45-44-151.04
Section 45-44-151.04 Provisions respecting hours of racetrack operation. Notwithstanding Part
1 and any rules and regulations of the racing commission now in effect or hereafter promulgated,
all of which are hereby superseded to the extent inconsistent with this section, the racing
operator is hereby authorized to open the Macon County racetrack for business and to conduct
live greyhound racing or televised horse or greyhound racing, or both, and parimutuel wagering
thereon during such hours as it shall deem desirable, however in no event shall the racing
commission be authorized to allow live greyhound racing or televised horse or greyhound racing,
or both, and parimutuel wagering thereon to be conducted after 2:00 AM on Sunday; provided
that the racing operator shall not conduct any live racing event at the Macon County racetrack
before 10:00 AM, nor shall it present any televised racing event before 8:00 AM, with each
such hour to be determined according to the time then applicable...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-44-151.04.htm - 2K - Match Info - Similar pages
45-32-151.03
Section 45-32-151.03 Provisions respecting takeouts for racing events. In order to provide
a uniform takeout for pari-mutuel wagering on live greyhound racing events and on televised
horse or greyhound racing events received at the Greene County Racetrack, and to enable the
Greene County Racetrack to maximize its participation in combined pools with other racetracks,
the Legislature hereby finds and determines that it is necessary and desirable to authorize
the schedule of takeouts hereinafter provided for pari-mutuel pools bet at the Greene County
Racetrack, notwithstanding Section 40-26A-2. Subject to Section 45-32-151.01, relating to
adjustment of the takeout for combined pools, the total takeout allowed to the racing operator
for pari-mutuel pools bet at the Greene County Racetrack on live greyhound races conducted
at the racetrack and for pari-mutuel pools bet at the Greene County Racetrack on televised
horse or greyhound racing events received at the racetrack, before deducting...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-32-151.03.htm - 1K - Match Info - Similar pages
45-49-151.14
Section 45-49-151.14 Tax due on pari-mutuel pools; distribution of contributions; capital improvement
fund. (a) Every licensee conducting race meetings pursuant to this subpart shall pay to the
racing commission for its use, a tax on the total contributions to all pari-mutuel pools conducted
or made on a racetrack licensed under this subpart in an amount equal to eight percent until
April 17, 1992, and seven percent thereafter. Except as otherwise provided in this subpart,
the commission of a licensee on a pari-mutuel pool shall not exceed 19 percent of the amount
contributed to the pari-mutuel pool, including the tax provided in this section. In addition
to the 19 percent commission authorized to be withheld from pari-mutuel pools, the licensee
may deduct an additional two percent commission from all pari-mutuel betting pools in which
the bettors are required to select three or more dogs. After the deduction of the tax percentages
for the use of the racing commission, the percentage...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-151.14.htm - 4K - Match Info - Similar pages
11-65-1
Section 11-65-1 Legislative declarations and findings. The Legislature hereby finds and declares
as follows: (1) As the basis for enacting Act No. 84-131, the Legislature found and determined
that the conduct within Class 1 municipalities in the state of horse racing events and pari-mutuel
wagering thereon will generate additional revenues for governmental and charitable purposes,
provide additional jobs for the residents of the state and benefit the businesses related
to tourism and recreation within any such municipality and throughout the surrounding areas
of the state; it is desirable to permit the qualified voters of any Class 1 municipality to
determine through referendum whether horse racing and pari-mutuel wagering thereon will be
permitted in such municipality; and for each Class 1 municipality in which horse racing is
approved by the voters thereof, it is necessary and desirable to provide for the establishment
of a racing commission to regulate horse racing and pari-mutuel...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-65-1.htm - 18K - Match Info - Similar pages
|