IC 4-31-9
Chapter 9. Taxation and Distribution of Pari-Mutuel Revenues
IC 4-31-9-1 Withholdings
Sec. 1. A person that holds a permit to conduct a horse racing
meeting or a license to operate a satellite facility shall withhold:
(1) eighteen percent (18%) of the total of money wagered on
each day at the racetrack or satellite facility (including money
wagered on exotic wagering pools, but excluding money
wagered on slot machines under IC 4-35); plus
(2) an additional three and one-half percent (3.5%) of the total
of all money wagered on exotic wagering pools on each day at
the racetrack or satellite facility. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.27; P.L.233-2007, SEC.10.
IC 4-31-9-1.5 Retention from withholdings
Sec. 1.5. A person that holds a permit to conduct a horse racing
meeting or a permit holder licensed to operate a satellite facility shall
retain the following amounts from the money withheld under section
1 of this chapter:
(1) For pari-mutuel wagers made at a permit holder's racetrack
on live races, an amount equal to:
(A) eight percent (8%) of the total amount of money
wagered on win, place, and show pools on each racing day;
plus
(B) eleven and one-half percent (11.5%) of the total amount
of money wagered on exotic wagering pools on each racing
day.
(2) For pari-mutuel wagers made at a permit holder's satellite
facility on simulcasts of races originating from the permit
holder's racetrack, an amount equal to:
(A) ten percent (10%) of the total amount of money wagered
on win, place, and show pools on each day; plus
(B) thirteen and one-half percent (13.5%) of the total amount
of money wagered on exotic wagering pools on each day.
(3) On the simulcast of races, for the Indiana sending or Indiana
receiving track or its satellite facilities, the amount to be
retained, after deducting:
(A) pari-mutuel tax payments owed to Indiana; and
(B) the contractual obligations owed to the racetrack from
which the races originated;
shall be determined, subject to the approval of the commission,
by one (1) or more contracts between the applicable Indiana
permit holders and the applicable horsemen's association. As added by P.L.24-1992, SEC.28. IC 4-31-9-2 Purse money
Sec. 2. Each person that holds a permit to conduct a horse racing
meeting or a permit holder licensed to operate a satellite facility shall
pay as purse money from the amounts withheld under section 1 of
this chapter an amount equal to:
(1) eight percent (8%) of the total amount of money wagered on
live races at a permit holder's racetrack; plus
(2) five percent (5%) of the total amount of money wagered on
simulcasts of horse races that originate from a permit holder's
racetrack and are televised at the permit holder's satellite
facilities; plus
(3) on the simulcast of races, for the Indiana sending or Indiana
receiving track, the total amount to be paid to purses, after
deducting:
(A) pari-mutuel tax payments owed to Indiana; and
(B) the contractual obligations owed to the racetrack from
which the races originated;
shall be determined, subject to the approval of the commission,
by one (1) or more contracts between the applicable Indiana
permit holders and the applicable horsemen's association, and
the allocation of this amount between breeds, if applicable,
shall be determined by the rules of the commission. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.29.
IC 4-31-9-3 Taxation of amount wagered each day; computation; distribution
Sec. 3. (a) At the close of each day on which a permit holder or
satellite facility operator conducts pari-mutuel wagering on live
racing or simulcasts at a racetrack or satellite facility, the permit
holder or satellite facility operator shall pay to the department of
state revenue a tax on the total amount of money wagered on that day
as follows:
(1) Two percent (2%) of the total amount of money wagered on
live races and simulcasts conducted at a permit holder's
racetrack.
(2) Two and one-half percent (2.5%) of the total amount of
money wagered on simulcasts at satellite facilities, regardless
of whether those simulcasts originate from Indiana or another
state.
(b) The taxes collected under subsection (a) shall be paid from the
amounts withheld under section 1 of this chapter and shall be
distributed as follows:
(1) The first one hundred fifty thousand dollars ($150,000) of
taxes collected during each state fiscal year shall be deposited
in the veterinary school research account established by
IC 4-31-12-22.
(2) The remainder of the taxes collected during each state fiscal
year shall be paid into the build Indiana fund.
(c) The tax imposed by this section is a listed tax for purposes of
IC 6-8.1-1. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.30; P.L.26-1996, SEC.1; P.L.186-2002, SEC.9.
IC 4-31-9-4
Repealed
(Repealed by P.L.24-1992, SEC.64.)
IC 4-31-9-5 Taxation of amount collected for admission charge; distribution
Sec. 5. (a) At the close of each day on which pari-mutuel
wagering is conducted, each permit holder or satellite facility
operator shall pay to the department of state revenue a tax equal to
twenty cents ($0.20) for each person who paid an admission charge
for the privilege of entering the racetrack grounds or satellite facility
on that day. Separate computations shall be made of the number of
patrons at each location. If tickets are issued for more than one (1)
day, the sum of twenty cents ($0.20) shall be paid for each person
using the ticket on each day that it is used.
(b) Before the fifteenth day of each month, the taxes collected
under subsection (a) during the preceding month shall be distributed
as follows:
(1) Fifty percent (50%) of the taxes shall be distributed in equal
shares to the fiscal officers of:
(A) the city, if any;
(B) the town, if any; and
(C) the county;
in which the racetrack is located. The city, town, or county may
use this money as general fund operating revenues.
(2) Fifty percent (50%) of the taxes shall be deposited in the
state general fund.
(c) The tax imposed by this section is a listed tax for purposes of
IC 6-8.1-1. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.31.
IC 4-31-9-6
Repealed
(Repealed by P.L.1-1990, SEC.43.)
IC 4-31-9-7 Money wagered on televised simulcasts; racing fees; amount;
distribution
Sec. 7. (a) This section does not apply to money wagered on
simulcasts of horse races televised under IC 4-31-7-7.
(b) Each permit holder shall pay a fee after the completion of each
racing meeting. This fee is in addition to the taxes imposed by
sections 3 and 4 of this chapter. Except as provided in subsection (c),
the amount of this fee is determined as follows:
(1) If the total amount of wagering at the racing meeting is less
than five million dollars ($5,000,000), the fee is one-tenth of
one percent (0.1%) of the total amount wagered.
(2) If the total amount of wagering at the racing meeting is five
million dollars ($5,000,000) or more, the fee is
fifteen-hundredths of one percent (0.15%) of the total amount
wagered.
(c) The fees collected under this section from any one (1) permit
holder may not exceed fifteen thousand dollars ($15,000) from any
one (1) horse racing meeting in a calendar year.
(d) Within ten (10) days after the close of each racing meeting, the
permit holder shall forward the fee imposed by this section in equal
shares to the fiscal officers of the:
(1) city, if any;
(2) town, if any; and
(3) county;
in which the racing meeting took place. The city, town, or county
may use this money as general fund operating revenues. As added by P.L.1-1990, SEC.44.
IC 4-31-9-8 Additional taxation by political subdivision; real and personal
property taxes
Sec. 8. No tax or fee, except as provided in this article, shall be
assessed or collected from a permit holder by a political subdivision
having the power to assess or collect a tax or fee. This section does
not apply to real or personal property taxes imposed by a local taxing
unit. As added by P.L.1-1990, SEC.45.
IC 4-31-9-9 Taxation of satellite facility wagers; distribution
Sec. 9. (a) Before January 15 and July 15 of each year, each
permit holder that operates satellite facilities shall forward to the
auditor of state an amount equal to one-half of one percent (0.5%) of
the total amount of money wagered at that permit holder's satellite
facilities during the six (6) month period ending on the last day of the
preceding month. The auditor of state shall distribute amounts
received under this section as follows:
(1) Fifty percent (50%) of the amounts received shall be
deposited in the livestock industry promotion and development
fund established by IC 15-11-5-4.
(2) Fifty percent (50%) of the amounts received shall be
distributed to the state fair commission for use in any activity
that the commission is authorized to carry out under IC 15-13-3.
(b) Payments required by this section shall be made from amounts
withheld by the permit holder under section 1 of this chapter. As added by P.L.24-1992, SEC.32. Amended by P.L.2-2008, SEC.19. IC 4-31-9-10 Payment of breakage and outs; distribution
Sec. 10. (a) At the close of each day on which pari-mutuel
wagering is conducted at a racetrack or satellite facility, the permit
holder or satellite facility operator shall pay the breakage from each
of the races on which wagers were taken on that day to the auditor of
state for deposit in the appropriate breed development fund as
determined by the rules of the commission.
(b) Not later than March 15 of each year, each permit holder or
satellite facility operator shall pay to the commission the balance of
the outs tickets from the previous calendar year. The commission
shall distribute money received under this subsection to the
appropriate breed development fund as determined by the rules of the
commission. As added by P.L.24-1992, SEC.33.
IC 4-31-9
Chapter 9. Taxation and Distribution of Pari-Mutuel Revenues
IC 4-31-9-1 Withholdings
Sec. 1. A person that holds a permit to conduct a horse racing
meeting or a license to operate a satellite facility shall withhold:
(1) eighteen percent (18%) of the total of money wagered on
each day at the racetrack or satellite facility (including money
wagered on exotic wagering pools, but excluding money
wagered on slot machines under IC 4-35); plus
(2) an additional three and one-half percent (3.5%) of the total
of all money wagered on exotic wagering pools on each day at
the racetrack or satellite facility. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.27; P.L.233-2007, SEC.10.
IC 4-31-9-1.5 Retention from withholdings
Sec. 1.5. A person that holds a permit to conduct a horse racing
meeting or a permit holder licensed to operate a satellite facility shall
retain the following amounts from the money withheld under section
1 of this chapter:
(1) For pari-mutuel wagers made at a permit holder's racetrack
on live races, an amount equal to:
(A) eight percent (8%) of the total amount of money
wagered on win, place, and show pools on each racing day;
plus
(B) eleven and one-half percent (11.5%) of the total amount
of money wagered on exotic wagering pools on each racing
day.
(2) For pari-mutuel wagers made at a permit holder's satellite
facility on simulcasts of races originating from the permit
holder's racetrack, an amount equal to:
(A) ten percent (10%) of the total amount of money wagered
on win, place, and show pools on each day; plus
(B) thirteen and one-half percent (13.5%) of the total amount
of money wagered on exotic wagering pools on each day.
(3) On the simulcast of races, for the Indiana sending or Indiana
receiving track or its satellite facilities, the amount to be
retained, after deducting:
(A) pari-mutuel tax payments owed to Indiana; and
(B) the contractual obligations owed to the racetrack from
which the races originated;
shall be determined, subject to the approval of the commission,
by one (1) or more contracts between the applicable Indiana
permit holders and the applicable horsemen's association. As added by P.L.24-1992, SEC.28. IC 4-31-9-2 Purse money
Sec. 2. Each person that holds a permit to conduct a horse racing
meeting or a permit holder licensed to operate a satellite facility shall
pay as purse money from the amounts withheld under section 1 of
this chapter an amount equal to:
(1) eight percent (8%) of the total amount of money wagered on
live races at a permit holder's racetrack; plus
(2) five percent (5%) of the total amount of money wagered on
simulcasts of horse races that originate from a permit holder's
racetrack and are televised at the permit holder's satellite
facilities; plus
(3) on the simulcast of races, for the Indiana sending or Indiana
receiving track, the total amount to be paid to purses, after
deducting:
(A) pari-mutuel tax payments owed to Indiana; and
(B) the contractual obligations owed to the racetrack from
which the races originated;
shall be determined, subject to the approval of the commission,
by one (1) or more contracts between the applicable Indiana
permit holders and the applicable horsemen's association, and
the allocation of this amount between breeds, if applicable,
shall be determined by the rules of the commission. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.29.
IC 4-31-9-3 Taxation of amount wagered each day; computation; distribution
Sec. 3. (a) At the close of each day on which a permit holder or
satellite facility operator conducts pari-mutuel wagering on live
racing or simulcasts at a racetrack or satellite facility, the permit
holder or satellite facility operator shall pay to the department of
state revenue a tax on the total amount of money wagered on that day
as follows:
(1) Two percent (2%) of the total amount of money wagered on
live races and simulcasts conducted at a permit holder's
racetrack.
(2) Two and one-half percent (2.5%) of the total amount of
money wagered on simulcasts at satellite facilities, regardless
of whether those simulcasts originate from Indiana or another
state.
(b) The taxes collected under subsection (a) shall be paid from the
amounts withheld under section 1 of this chapter and shall be
distributed as follows:
(1) The first one hundred fifty thousand dollars ($150,000) of
taxes collected during each state fiscal year shall be deposited
in the veterinary school research account established by
IC 4-31-12-22.
(2) The remainder of the taxes collected during each state fiscal
year shall be paid into the build Indiana fund.
(c) The tax imposed by this section is a listed tax for purposes of
IC 6-8.1-1. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.30; P.L.26-1996, SEC.1; P.L.186-2002, SEC.9.
IC 4-31-9-4
Repealed
(Repealed by P.L.24-1992, SEC.64.)
IC 4-31-9-5 Taxation of amount collected for admission charge; distribution
Sec. 5. (a) At the close of each day on which pari-mutuel
wagering is conducted, each permit holder or satellite facility
operator shall pay to the department of state revenue a tax equal to
twenty cents ($0.20) for each person who paid an admission charge
for the privilege of entering the racetrack grounds or satellite facility
on that day. Separate computations shall be made of the number of
patrons at each location. If tickets are issued for more than one (1)
day, the sum of twenty cents ($0.20) shall be paid for each person
using the ticket on each day that it is used.
(b) Before the fifteenth day of each month, the taxes collected
under subsection (a) during the preceding month shall be distributed
as follows:
(1) Fifty percent (50%) of the taxes shall be distributed in equal
shares to the fiscal officers of:
(A) the city, if any;
(B) the town, if any; and
(C) the county;
in which the racetrack is located. The city, town, or county may
use this money as general fund operating revenues.
(2) Fifty percent (50%) of the taxes shall be deposited in the
state general fund.
(c) The tax imposed by this section is a listed tax for purposes of
IC 6-8.1-1. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.31.
IC 4-31-9-6
Repealed
(Repealed by P.L.1-1990, SEC.43.)
IC 4-31-9-7 Money wagered on televised simulcasts; racing fees; amount;
distribution
Sec. 7. (a) This section does not apply to money wagered on
simulcasts of horse races televised under IC 4-31-7-7.
(b) Each permit holder shall pay a fee after the completion of each
racing meeting. This fee is in addition to the taxes imposed by
sections 3 and 4 of this chapter. Except as provided in subsection (c),
the amount of this fee is determined as follows:
(1) If the total amount of wagering at the racing meeting is less
than five million dollars ($5,000,000), the fee is one-tenth of
one percent (0.1%) of the total amount wagered.
(2) If the total amount of wagering at the racing meeting is five
million dollars ($5,000,000) or more, the fee is
fifteen-hundredths of one percent (0.15%) of the total amount
wagered.
(c) The fees collected under this section from any one (1) permit
holder may not exceed fifteen thousand dollars ($15,000) from any
one (1) horse racing meeting in a calendar year.
(d) Within ten (10) days after the close of each racing meeting, the
permit holder shall forward the fee imposed by this section in equal
shares to the fiscal officers of the:
(1) city, if any;
(2) town, if any; and
(3) county;
in which the racing meeting took place. The city, town, or county
may use this money as general fund operating revenues. As added by P.L.1-1990, SEC.44.
IC 4-31-9-8 Additional taxation by political subdivision; real and personal
property taxes
Sec. 8. No tax or fee, except as provided in this article, shall be
assessed or collected from a permit holder by a political subdivision
having the power to assess or collect a tax or fee. This section does
not apply to real or personal property taxes imposed by a local taxing
unit. As added by P.L.1-1990, SEC.45.
IC 4-31-9-9 Taxation of satellite facility wagers; distribution
Sec. 9. (a) Before January 15 and July 15 of each year, each
permit holder that operates satellite facilities shall forward to the
auditor of state an amount equal to one-half of one percent (0.5%) of
the total amount of money wagered at that permit holder's satellite
facilities during the six (6) month period ending on the last day of the
preceding month. The auditor of state shall distribute amounts
received under this section as follows:
(1) Fifty percent (50%) of the amounts received shall be
deposited in the livestock industry promotion and development
fund established by IC 15-11-5-4.
(2) Fifty percent (50%) of the amounts received shall be
distributed to the state fair commission for use in any activity
that the commission is authorized to carry out under IC 15-13-3.
(b) Payments required by this section shall be made from amounts
withheld by the permit holder under section 1 of this chapter. As added by P.L.24-1992, SEC.32. Amended by P.L.2-2008, SEC.19. IC 4-31-9-10 Payment of breakage and outs; distribution
Sec. 10. (a) At the close of each day on which pari-mutuel
wagering is conducted at a racetrack or satellite facility, the permit
holder or satellite facility operator shall pay the breakage from each
of the races on which wagers were taken on that day to the auditor of
state for deposit in the appropriate breed development fund as
determined by the rules of the commission.
(b) Not later than March 15 of each year, each permit holder or
satellite facility operator shall pay to the commission the balance of
the outs tickets from the previous calendar year. The commission
shall distribute money received under this subsection to the
appropriate breed development fund as determined by the rules of the
commission. As added by P.L.24-1992, SEC.33.
IC 4-31-9
Chapter 9. Taxation and Distribution of Pari-Mutuel Revenues
IC 4-31-9-1 Withholdings
Sec. 1. A person that holds a permit to conduct a horse racing
meeting or a license to operate a satellite facility shall withhold:
(1) eighteen percent (18%) of the total of money wagered on
each day at the racetrack or satellite facility (including money
wagered on exotic wagering pools, but excluding money
wagered on slot machines under IC 4-35); plus
(2) an additional three and one-half percent (3.5%) of the total
of all money wagered on exotic wagering pools on each day at
the racetrack or satellite facility. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.27; P.L.233-2007, SEC.10.
IC 4-31-9-1.5 Retention from withholdings
Sec. 1.5. A person that holds a permit to conduct a horse racing
meeting or a permit holder licensed to operate a satellite facility shall
retain the following amounts from the money withheld under section
1 of this chapter:
(1) For pari-mutuel wagers made at a permit holder's racetrack
on live races, an amount equal to:
(A) eight percent (8%) of the total amount of money
wagered on win, place, and show pools on each racing day;
plus
(B) eleven and one-half percent (11.5%) of the total amount
of money wagered on exotic wagering pools on each racing
day.
(2) For pari-mutuel wagers made at a permit holder's satellite
facility on simulcasts of races originating from the permit
holder's racetrack, an amount equal to:
(A) ten percent (10%) of the total amount of money wagered
on win, place, and show pools on each day; plus
(B) thirteen and one-half percent (13.5%) of the total amount
of money wagered on exotic wagering pools on each day.
(3) On the simulcast of races, for the Indiana sending or Indiana
receiving track or its satellite facilities, the amount to be
retained, after deducting:
(A) pari-mutuel tax payments owed to Indiana; and
(B) the contractual obligations owed to the racetrack from
which the races originated;
shall be determined, subject to the approval of the commission,
by one (1) or more contracts between the applicable Indiana
permit holders and the applicable horsemen's association. As added by P.L.24-1992, SEC.28. IC 4-31-9-2 Purse money
Sec. 2. Each person that holds a permit to conduct a horse racing
meeting or a permit holder licensed to operate a satellite facility shall
pay as purse money from the amounts withheld under section 1 of
this chapter an amount equal to:
(1) eight percent (8%) of the total amount of money wagered on
live races at a permit holder's racetrack; plus
(2) five percent (5%) of the total amount of money wagered on
simulcasts of horse races that originate from a permit holder's
racetrack and are televised at the permit holder's satellite
facilities; plus
(3) on the simulcast of races, for the Indiana sending or Indiana
receiving track, the total amount to be paid to purses, after
deducting:
(A) pari-mutuel tax payments owed to Indiana; and
(B) the contractual obligations owed to the racetrack from
which the races originated;
shall be determined, subject to the approval of the commission,
by one (1) or more contracts between the applicable Indiana
permit holders and the applicable horsemen's association, and
the allocation of this amount between breeds, if applicable,
shall be determined by the rules of the commission. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.29.
IC 4-31-9-3 Taxation of amount wagered each day; computation; distribution
Sec. 3. (a) At the close of each day on which a permit holder or
satellite facility operator conducts pari-mutuel wagering on live
racing or simulcasts at a racetrack or satellite facility, the permit
holder or satellite facility operator shall pay to the department of
state revenue a tax on the total amount of money wagered on that day
as follows:
(1) Two percent (2%) of the total amount of money wagered on
live races and simulcasts conducted at a permit holder's
racetrack.
(2) Two and one-half percent (2.5%) of the total amount of
money wagered on simulcasts at satellite facilities, regardless
of whether those simulcasts originate from Indiana or another
state.
(b) The taxes collected under subsection (a) shall be paid from the
amounts withheld under section 1 of this chapter and shall be
distributed as follows:
(1) The first one hundred fifty thousand dollars ($150,000) of
taxes collected during each state fiscal year shall be deposited
in the veterinary school research account established by
IC 4-31-12-22.
(2) The remainder of the taxes collected during each state fiscal
year shall be paid into the build Indiana fund.
(c) The tax imposed by this section is a listed tax for purposes of
IC 6-8.1-1. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.30; P.L.26-1996, SEC.1; P.L.186-2002, SEC.9.
IC 4-31-9-4
Repealed
(Repealed by P.L.24-1992, SEC.64.)
IC 4-31-9-5 Taxation of amount collected for admission charge; distribution
Sec. 5. (a) At the close of each day on which pari-mutuel
wagering is conducted, each permit holder or satellite facility
operator shall pay to the department of state revenue a tax equal to
twenty cents ($0.20) for each person who paid an admission charge
for the privilege of entering the racetrack grounds or satellite facility
on that day. Separate computations shall be made of the number of
patrons at each location. If tickets are issued for more than one (1)
day, the sum of twenty cents ($0.20) shall be paid for each person
using the ticket on each day that it is used.
(b) Before the fifteenth day of each month, the taxes collected
under subsection (a) during the preceding month shall be distributed
as follows:
(1) Fifty percent (50%) of the taxes shall be distributed in equal
shares to the fiscal officers of:
(A) the city, if any;
(B) the town, if any; and
(C) the county;
in which the racetrack is located. The city, town, or county may
use this money as general fund operating revenues.
(2) Fifty percent (50%) of the taxes shall be deposited in the
state general fund.
(c) The tax imposed by this section is a listed tax for purposes of
IC 6-8.1-1. As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992,
SEC.31.
IC 4-31-9-6
Repealed
(Repealed by P.L.1-1990, SEC.43.)
IC 4-31-9-7 Money wagered on televised simulcasts; racing fees; amount;
distribution
Sec. 7. (a) This section does not apply to money wagered on
simulcasts of horse races televised under IC 4-31-7-7.
(b) Each permit holder shall pay a fee after the completion of each
racing meeting. This fee is in addition to the taxes imposed by
sections 3 and 4 of this chapter. Except as provided in subsection (c),
the amount of this fee is determined as follows:
(1) If the total amount of wagering at the racing meeting is less
than five million dollars ($5,000,000), the fee is one-tenth of
one percent (0.1%) of the total amount wagered.
(2) If the total amount of wagering at the racing meeting is five
million dollars ($5,000,000) or more, the fee is
fifteen-hundredths of one percent (0.15%) of the total amount
wagered.
(c) The fees collected under this section from any one (1) permit
holder may not exceed fifteen thousand dollars ($15,000) from any
one (1) horse racing meeting in a calendar year.
(d) Within ten (10) days after the close of each racing meeting, the
permit holder shall forward the fee imposed by this section in equal
shares to the fiscal officers of the:
(1) city, if any;
(2) town, if any; and
(3) county;
in which the racing meeting took place. The city, town, or county
may use this money as general fund operating revenues. As added by P.L.1-1990, SEC.44.
IC 4-31-9-8 Additional taxation by political subdivision; real and personal
property taxes
Sec. 8. No tax or fee, except as provided in this article, shall be
assessed or collected from a permit holder by a political subdivision
having the power to assess or collect a tax or fee. This section does
not apply to real or personal property taxes imposed by a local taxing
unit. As added by P.L.1-1990, SEC.45.
IC 4-31-9-9 Taxation of satellite facility wagers; distribution
Sec. 9. (a) Before January 15 and July 15 of each year, each
permit holder that operates satellite facilities shall forward to the
auditor of state an amount equal to one-half of one percent (0.5%) of
the total amount of money wagered at that permit holder's satellite
facilities during the six (6) month period ending on the last day of the
preceding month. The auditor of state shall distribute amounts
received under this section as follows:
(1) Fifty percent (50%) of the amounts received shall be
deposited in the livestock industry promotion and development
fund established by IC 15-11-5-4.
(2) Fifty percent (50%) of the amounts received shall be
distributed to the state fair commission for use in any activity
that the commission is authorized to carry out under IC 15-13-3.
(b) Payments required by this section shall be made from amounts
withheld by the permit holder under section 1 of this chapter. As added by P.L.24-1992, SEC.32. Amended by P.L.2-2008, SEC.19. IC 4-31-9-10 Payment of breakage and outs; distribution
Sec. 10. (a) At the close of each day on which pari-mutuel
wagering is conducted at a racetrack or satellite facility, the permit
holder or satellite facility operator shall pay the breakage from each
of the races on which wagers were taken on that day to the auditor of
state for deposit in the appropriate breed development fund as
determined by the rules of the commission.
(b) Not later than March 15 of each year, each permit holder or
satellite facility operator shall pay to the commission the balance of
the outs tickets from the previous calendar year. The commission
shall distribute money received under this subsection to the
appropriate breed development fund as determined by the rules of the
commission. As added by P.L.24-1992, SEC.33.
