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

This bill establishes an 8% privilege tax on net gambling revenue from historical horse racing wagering on computerized machines in Macon County, Alabama. The tax would be collected by the Macon County Racing Commission from historical horse racing licensees and distributed according to local law. The legislation defines net gambling revenue as total wagering amounts excluding free bets, promotional credits, federal taxes, voided wagers, and prize payouts. This new tax replaces any existing local taxes on historical horse racing pari-mutuel activities but does not affect taxes on live greyhound and thoroughbred racing. The bill does not authorize any new gambling activities beyond what is currently permitted by law.