HB 606 KY Passed One Chamber
AN ACT relating to wagering and making an appropriation therefor.
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Summary
Establish KRS Chapter 239A and create new sections to define âadjusted gross revenue,â âbeginner,â âcabinet, âconfidential information,â âentry fee,â âfantasy contest,â âfantasy contest operator," âfantasy contest participant," âhighly experienced player,â âimmediate family,â âlocation percentage,â ânet poker revenue,â âonline poker,â âperson,â âprincipal stockholder,â ârake,â âregistered fantasy contest operator,â âscript,â âsecretary,â and âwagerâ; establish requirements for registration as a fantasy contest operator; require the Public Protection Cabinet to promulgate administrative regulations for the operation of fantasy contests; establish the wagering administration fund and direct the uses of that fund; require an annual audit of fantasy contest registrants; establish requirements for fantasy contest procedures; require any person offering online poker in the Commonwealth to have a license from the cabinet and require the cabinet to promulgate administrative regulations prescribing requirements for licensure including geolocation software, age verification, and security and accounting standards; amend KRS 230.210 to define "sports wagering"; create new sections of KRS Chapter 230 to require the racing commission to institute a system of sports wagering at tracks; limit the types of events upon which wagers may be placed; amend KRS 230.215 to declare the intent to allow citizens to enjoy sports wagering and allow the racing commission to promulgate administrative regulations prescribing conditions under which sports wagering is to be conducted; amend KRS 230.225, 230.240, and 230.260 to include sports wagering; create a new section of KRS Chapter 230 to establish sports wagering licensure requirements; amend KRS 230.320 to conform; amend KRS 230.361 to include sports wagering; amend KRS 230.3615 to conform; create a new section of KRS Chapter 138 to define âadjusted gross incomeâ and impose a tax on sports wagering; amend KRS 230.362, 230.363, 230.364, 230.365, 230.366, 230.369, 230.371, 230.372, 230.373, 230.374, and 230.750 to conform; create a new section of KRS Chapter 230 to prohibit participants from wagering on events in which they participate and to prohibit tampering with the outcome of a sporting event; amend KRS 230.990 to provide penalties for participants who wager on sporting events or tamper with the outcome of a sporting event; amend KRS 243.500 to exempt sports wagering and online poker; amend KRS 525.090 to exempt sports wagering; amend KRS 528.010 to exempt fantasy contests, sports wagering, and online poker and the devices used in the conduct of those forms of wagering; amend KRS 528.020, 528.070, and 528.080 to exempt fantasy contests, sports wagering, and online poker; create a noncodified section to assert that the provisions of the Act are severable; APPROPRIATION.
Sponsors (8)
- A. Koenig · primary
- A. Gentry Democratic · primary
- K. Banta Republican · primary
- T. Huff Republican · primary
- M. Meredith Republican · primary
- D. Osborne Republican · primary
- R. Roberts · primary
- C. Stevenson · primary
Action history (23)
- Feb 28, 2022 introduced in House · lower
- Feb 28, 2022 to Committee on Committees (H) · lower
- Mar 14, 2022 taken from Committee on Committees (H) · lower
- Mar 14, 2022 1st reading · lower
- Mar 14, 2022 returned to Committee on Committees (H) · lower
- Mar 14, 2022 to Licensing, Occupations, & Administrative Regulations (H) · lower
- Mar 16, 2022 reported favorably, 2nd reading, to Rules · lower
- Mar 17, 2022 floor amendments (1) and (2) filed · lower
- Mar 17, 2022 posted for passage in the Regular Orders of the Day for Friday, March 18, 2022 · lower
- Mar 18, 2022 3rd reading · lower
- Mar 18, 2022 floor amendment (2) defeated · lower
- Mar 18, 2022 3rd reading, passed 58-30 with Floor Amendment (1) · lower
- Mar 21, 2022 received in Senate · upper
- Mar 21, 2022 to Committee on Committees (S) · upper
- Mar 22, 2022 to Licensing & Occupations (S) · upper
- Mar 29, 2022 taken from Licensing & Occupations (S) · upper
- Mar 29, 2022 1st reading · lower
- Mar 29, 2022 returned to Licensing & Occupations (S) · upper
- Mar 30, 2022 taken from Licensing & Occupations (S) · upper
- Mar 30, 2022 2nd reading · lower
- Mar 30, 2022 returned to Licensing & Occupations (S) · upper
- Apr 13, 2022 reassigned to Economic Development, Tourism, & Labor (S) · upper
- Apr 13, 2022 floor amendments (1)(2)(3)(4)(5)(6)(7)(8)(9) (10)(11)(12)(13)(14)(15)(16) and (17) filed · lower
Text versions (2)
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