Indiana Statutes

§ 4-31-9-1 — Withholdings

Indiana § 4-31-9-1
JurisdictionIndiana
Art. 31PARI-MUTUEL WAGERING ON HORSE RACES
Ch. 9Taxation and Distribution of Pari-Mutuel Revenues

This text of Indiana § 4-31-9-1 (Withholdings) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 4-31-9-1 (2026).

Text

A person that holds a permit to conduct a horse racing meeting or a license to operate a satellite facility shall withhold:

(1)eighteen percent (18%) of the total of money wagered on each day at the racetrack or satellite facility (including money wagered on exotic wagering pools, but excluding money wagered on gambling games under IC 4-35); plus
(2)an additional three and one-half percent (3.5%) of the total of all money wagered on exotic wagering pools on each day at the racetrack or satellite facility.

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Legislative History

As added by P.L.341-1989(ss), SEC.2. Amended by P.L.24-1992, SEC.27; P.L.233-2007, SEC.10; P.L.255-2015, SEC.4.

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Bluebook (online)
Indiana § 4-31-9-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-31-9-1.