Rhode Island General Laws
Chapter 41-4 - Mutuel Betting and License Fees
Section 41-4-4.1. - Support of division activities — Tax.

§ 41-4-4.1. Support of division activities — Tax.
(a) Notwithstanding the provisions of § 41-4-3 or § 41-3.1-6, each licensee conducting racing events under the pari-mutuel system shall collect an additional five percent (5%) of all money wagered on the multiple pools at racing tracks. “Multiple pools” shall be defined as all forms of wagering other than win, place, and show. This five-percent (5%) tax shall be over and above the schedule of taxes as set forth in § 41-4-3, and shall be distributed as follows:
(1) One and one-half percent (1.5%) shall be paid to the department of business regulation and these proceeds shall be deposited as general revenue.
(2) One-half of one percent (.5%) shall be paid to owners of dog kennels who are under contract with a licensee, who shall distribute funds to the owners of dog kennels in a manner consistent with the generally accepted distribution of dog kennel owners’ purses subject to an annual audit by the auditor general, or his or her designee.
(3) One and one-half percent (1.5%) shall be paid to the licensee provided that there is at least three hundred forty (340) scheduled performances during the calendar year.
(4) One and one-half percent (1.5%) shall be paid to the state and revert to the general fund.
(b) Notwithstanding the provisions of § 41-3.1-6, each licensee conducting racing events under the pari-mutuel system shall collect an additional four percent (4%) of all moneys wagered on so-called straight (win, place, or show) wagering. This four percent (4%) tax shall be over and above the schedule of taxes as set forth in § 41-3.1-6, and shall be distributed as follows:
(1) One percent (1%) shall be paid to the town of Lincoln;
(2) One percent (1%) shall be paid to owners of dog kennels who are under contract with a licensee, who shall distribute funds to the owners of dog kennels in a manner consistent with the generally accepted distribution of dog kennel owners’ purses subject to an annual audit by the auditor general, or his or her designee; and
(3) Two percent (2%) shall be paid to the state and revert to the general fund.
History of Section.P.L. 1987, ch. 118, art. 25, § 4; P.L. 1989, ch. 126, art. 15, § 1; P.L. 1990, ch. 65, art. 28, § 1; P.L. 1991, ch. 97, § 2; P.L. 1995, ch. 370, art. 26, § 1; P.L. 1995, ch. 370, art. 40, § 125; P.L. 1997, ch. 30, art. 13, § 1; P.L. 1998, ch. 441, § 25; P.L. 2006, ch. 216, § 36.

Structure Rhode Island General Laws