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Legislative Committee Formed To Assess Tax Structure Of Historical Horse Racing - Horse Racing News


Legislative Committee Formed To Assess Tax Structure Of Historical Horse Racing
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Sen. Damon Thayer and Rep. Adam Koenig have been appointed co-chairs of the Pari-Mutuel Wagering Taxation Task Force, which will study the taxes and rates related to horse racing, the impact that changing the rates would have, and the funds relating to the horse industry which receive historical horse racing tax receipts, eventually determining if any changes to those tax rates should be made.
Thayer is the Senate majority leader and a former racing executive, while Koenig sponsored the bill in the House clarifying the legal status of HHR machines. ....

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