SB 688

RELATING TO A PILOT SATELLITE WAGERING PROGRAM

By Senator(s) BUNDA

Report Title: 5-Yr Parimutuel Horse Racing

Description: Allows 1 pilot parimutuel horse racing facility in the State for 5 years. Creates regulatory board in DCCA. Selects Hawaiian Jockey Club as the licensee. Of wagers, deposits (1) 4% into GF; (2) 4% into special fund for education; (3) 0.5% for administration. Prohibits parimutuel wagering until horse racing facility is actually constructed and in operation. Effective 7/1/99; repealed 6/30/2004.

 1-22-99        S Introduced and passed First Reading                         
 1-25-99        S Referred to ECD/JDC, then to WAM