Macon County; local privilege tax on pari-mutuel activities, established

This bill proposes a new 8% privilege tax on net gambling revenues generated by historical horse racing machines in Macon County. The tax would be collected by the Macon County Racing Commission from operators of these computerized wagering systems. It explicitly excludes free bets, promotional credits, and winnings from the taxable amount while replacing a previous local tax specific to historical horse racing. The legislation does not alter taxes on live greyhound or thoroughbred racing and states that it does not authorize any new forms of gambling.