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137.190 License, admission, and pari-mutuel taxes in lieu of other taxes -- Local government not to levy pari-mutuel tax.

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137.190 License, admission, and pari-mutuel taxes in lieu of other taxes -- Local government not to levy pari-mutuel tax. The license tax imposed by KRS 137.170, the admission tax imposed by KRS 138.480, <br>and the state taxes and contributions imposed by KRS 138.510 to 138.550 and KRS <br>230.380 on pari-mutuel systems of betting shall be in lieu of all other license, excise, <br>special, or franchise taxes to the state or any county, city, or other political subdivision. <br>No county, city, or other political subdivision may levy any license, income, excise, <br>special, or franchise tax on any such person or corporation engaged in the business of <br>conducting a race track at which races are conducted for stakes, purses or prizes, or <br>operating as a receiving track or simulcast facility, or on the operation or maintenance of <br>any pari-mutuel machine or similar device, or on the money or amount of money handled <br>by or through any pari-mutuel machine or similar device or on the sale of any <br>merchandise during the conducting of races thereon by any such person or corporation. Effective: March 30, 1992 <br>History: Amended 1992 Ky. Acts ch. 109, sec. 5, effective March 30, 1992. -- Amended 1948 Ky. Acts ch. 35, sec. 7. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, <br>effective October 1, 1942, from Ky. Stat. sec. 4223b-12.