SB262 Summary

• Authorizes the Town Council of White Hall in Lowndes County to allow pari-mutuel wagering on simulcast horse and dog racing events at a specific licensed facility (40,000+ square feet, located at 6999 Highway 80 West, Hayneville, Alabama).

• Permits wagering on both past events and live horse/dog races simulcast from racetracks outside the state, subject to council rules and federal law requirements.

• Imposes a 4% tax on pari-mutuel wagering (total contributions less prizes), with council authority to adjust up to that maximum rate.

• Distributes tax revenue as follows: 20% to Lowndes County Commission, 20% to Lowndes County Board of Education, 20% to Black Belt Unincorporated Wastewater Program, and 40% to the council (10% of which goes to other county municipalities, with discretion to distribute remaining funds to approved charities).

• Restricts off-track betting and gambling to the licensed facility only; all existing state and local laws prohibiting wagering outside the council's jurisdiction remain in full force and effect.