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KS SB260
Bill
Status
2/25/2025
Primary Sponsor
Federal and State Affairs
Click for details
AI Summary
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Removes geographic restrictions requiring fair associations to hold race meetings within their county boundaries, allowing organization licenses for race meetings held for up to 40 days per year total
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Redefines "horsemen's association" and "horsemen's nonprofit organization" by eliminating requirements that facilities be located at Eureka Downs, Anthony Downs, or adjacent to fair association premises
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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 wagers: 30% to the Kansas horse breeding development fund and 70% to the horse fair racing benefit fund, effective July 15, 2025
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Expands permissible expenditures from the horse fair racing benefit fund to include lease costs for land, equipment, or materials needed to conduct race meetings
Legislative Description
House Substitute for SB260 by Committee on Federal and State Affairs - Establishing the born to invest act and requiring the office of vital statistics to provide data to the office of the state treasurer for distribution of informational materials regarding certain government-administered savings accounts.
Last Action
House Committee Report recommending substitute bill be passed by Committee on Federal and State Affairs
3/16/2026