A bill filed last week in Frankfort would funnel some tax revenue collected from horse tracks and gaming centers such as Owensboro Racing & Gaming into a fund that could be used by local governments where gambling facilities are located.
The bill, House Bill 782, would create the “Pari-Mutuel Racing Local Government Support Fund,” which would be administered by the Department of Local Government. The department would regulate how cities and counties with horse tracks and gaming facilities could spend the funds they received, with an emphasis on addressing “the social costs of problem gambling,” the bill says.
Some areas where the funds could be spent include law enforcement retention; homelessness; and affordable housing.
