Source: Louisville Business First
A Senate committee gave unanimous approval Tuesday for a bill to allow the Kentucky Lottery to start a combined lottery game and horse racing bet.
Senate Bill 74 could be voted on by the full Senate as soon as Thursday, The Courier-Journal reports.
The legislation would allow the EquiLottery game, developed by Brad Cummings, to be implemented in Kentucky — the first state that would sign up for it.
As Business First previously reported,EquiLottery would give people the chance to bet on live horse racing through local lottery retailers.
Also on Tuesday, the local option sales tax amendment that Mayor Greg Fischer has advocated passed the same legislative committee that it passed last year, and proponents of the tax say they’re optimistic about its chances this year.
House Bill 1 passed the House elections and constitutional amendments committee 6-1 with one pass vote. The bill’s sponsor, Speaker Greg Stumbo, D-Prestonsburg, said it will get a vote in the full House — which didn’t happen last year because he said he didn’t have the votes, The Courier-Journal reports.
The bill needs 60 votes to pass the House, since it’s a constitutional amendment, and that number could be difficult to achieve since not all of the 54 majority Democrats are in favor of the idea, the story said.
But Stumbo says he believes he already has enough votes, and the vote by the full House could come by the end of this week.
If the bill is approved by three-fifths of the members of both the House and Senate and ratified by voters statewide — the earliest being November 2016 — then local projects could be funded through a temporary sales tax increase of up to 1 percent that would have to be approved in a local referendum, the story said.