Horse Racing: Governor signs bill 2/23/2021
Life line rhe 'w now heads to the house,source: mayor l-- lton is requesting additionl tax assistance for local businity to deduct expenses paid paycheck protection program funds in 20-20..
The request will go before the urban county council today.
The move is expected to save the average lexington business around $25-hundred dollars in local taxes..
L3: abc 36 news white governor signs bill to preserve historical horse racing frankfort governor beshear has signed legislation aimed at securing the legality of betting on historical racing machines... ten days after the legislature approved the measure..
Monday, beshear said it protects the state's thoroughbred industry... but that more work remains to enact quote: "a more fair and equitable tax structure."
His comments reflect calls by some lawmakers for a higher tax rate on historical racing operations..
Those machines allow people to bet on randomly generated, past horse races..
The venture has become a lucrative revenue source for the state's racetracks..
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