AN ACT relating to the partial distribution of pari-mutuel racing tax receipts to local governments and making an appropriation therefor.

Amend KRS 138.510 to allocate moneys to a newly created fund from the pari-mutuel racing tax distribution; create a new section of KRS Chapter 230 to establish a fund relating to local governments and administered by the Department for Local Government; and amend KRS 131.190 to allow the Department of Revenue to share information relating to the calculation of the new fund's distribution; APPROPRIATION.