2009 Kentucky Revised Statutes
CHAPTER 138 EXCISE TAXES
138.511 Definitions for KRS 138.510 to 138.550.

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138.511 Definitions for KRS 138.510 to 138.550. As used in KRS 138.510 to 138.550: <br>(1) &quot;Commission&quot; means the Kentucky Horse Racing Commission; <br>(2) &quot;Association&quot; has the same meaning as in KRS 230.210; <br>(3) &quot;Daily average live handle&quot; means the total amount wagered at a track on live racing and does not include money wagered: <br>(a) At a receiving track; <br>(b) At a simulcast facility; <br>(c) On telephone account wagering; <br>(d) Through advance deposit account wagering; or <br>(e) At a track participating as a receiving track or simulcast facility displaying simulcasts and conducting interstate wagering as permitted by KRS 230.3771 <br>and 230.3773; (4) &quot;Department&quot; means the Department of Revenue; <br>(5) &quot;Fiscal year&quot; means a time frame beginning 12:01 a.m. July 1, and ending 12 midnight June 30; (6) &quot;Host track&quot; has the same meaning as in KRS 230.210; <br>(7) &quot;Interstate wagering&quot; has the same meaning as in KRS 230.210; <br>(8) &quot;Intertrack wagering&quot; has the same meaning as in KRS 230.210; <br>(9) &quot;Receiving track&quot; has the same meaning as in KRS 230.210; <br>(10) &quot;Simulcast facility&quot; has the same meaning as in KRS 230.210; <br>(11) &quot;Telephone account wagering&quot; has the same meaning as in KRS 230.210; and <br>(12) &quot;Track&quot; has the same meaning as in KRS 230.210. Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 107, effective July 15, 2010. -- Created 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 106, effective June 26, 2009. Legislative Research Commission Note (6/26/2009). 2009 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 106, created a new section consisting of definitions for KRS 138.510 to <br>138.550. All of the definitions except subsections (7) and (8) were listed in <br>alphabetical order. The Reviser of Statutes has altered the internal numbering of <br>those subsections under the authority of KRS 7.136.

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