Mobile County; local privilege tax on historical horse racing, levied

This bill proposes a new 8% privilege tax on net gambling revenue from historical horse racing activities in Mobile County, Alabama. The tax would be collected from licensed historical horse racing operators by the Mobile County Racing Commission and distributed according to local laws. The legislation defines net gambling revenue as money received from wagers after excluding free bets, promotional credits, federal taxes, voided wagers, and prize payouts. This tax would replace any other local taxes currently applied to historical horse racing in the county but would not affect taxes on live greyhound or thoroughbred racing. The bill does not authorize any new gambling activities beyond what is already permitted by law and would take effect on October 1, 2026.