AL SB133

Transfers appointment authority for Greene County Racing Commission members from the Governor to the local legislative delegation, and reduces commissioner terms from eight years to three years

Increases the maximum annual license fee for racetrack or pari-mutuel operations from $1,000 to $25,000, and allows licenses to be granted for up to 10 years

Establishes new residency requirements for license applicants, requiring either a current license or five years of Alabama residency for the applicant or managing member

Authorizes pari-mutuel wagering on historical horse racing via computerized machines, with a local tax rate up to 15% and a 1% state tax on total contributions less prizes paid

Modifies revenue distribution from racing commission funds, reducing the Greene County Commission allocation from $200,000 to $40,000 annually and adjusting percentage allocations to various local entities including hospitals, schools, fire departments, and community organizations