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KS SB21
Bill
Status
4/10/2025
Primary Sponsor
Financial Institutions and Insurance
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AI Summary
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Expands eligibility for organization licenses by removing the requirement that race meetings be held within the county where the applicant is located, while maintaining the 40-day annual maximum
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Requires fair associations seeking live horse racing licenses to obtain approval from either the Kansas quarter horse racing association and Kansas thoroughbred association, or a horsemen's nonprofit organization
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Prohibits horsemen's nonprofit organizations from conducting live horse racing before March 1, 2028 (unless at Eureka Downs) and bars them from operating historical horse race machines
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Establishes new tax revenue distribution from historical horse race wagering: 30% to the Kansas horse breeding development fund and 70% to the horse fair racing benefit fund, with monthly transfers beginning July 15, 2025
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Adds lease agreement costs for land, equipment, or materials necessary to conduct race meetings as an allowable expenditure from the horse fair racing benefit fund
Legislative Description
Amending the Kansas parimutuel racing act regarding qualifications for an organization license, the definition of horsemen's associations and horsemen's nonprofit organizations and the distribution of certain tax revenues.
Last Action
Senate Approved by Governor on Tuesday, April 8, 2025
4/10/2025