Rhode Island § 41-4-5 § 41-4-5. Taxes and license fees under auction mutuel system.

Rhode Island Statutes

§ 41-4-5 — § 41-4-5. Taxes and license fees under auction mutuel system.

Rhode Island § 41-4-5

Title 41Sports, Racing, and Athletics

Ch. 41-4Mutuel Betting and License Fees

This text of Rhode Island § 41-4-5 (§ 41-4-5. Taxes and license fees under auction mutuel system.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 41-4-5 (2026).

Text

§ 41-4-5. Taxes and license fees under auction mutuel system.
If events are conducted under the auction mutuel system the following taxes and license
            fees are hereby imposed:
         
(1) As to Class B events, a tax of two percent (2%) of the total amount of money wagered
            and also a license fee of two hundred dollars ($200) per day;
         
(2) As to Class C events, a tax of one and one-half percent (1.5%) of the total amount
            of money wagered and also a license fee of fifty dollars ($50.00) per day;
         
(3) As to Class E events, a tax of one percent (1%) of the

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§ 41-4-5. Taxes and license fees under auction mutuel system.

If events are conducted under the auction mutuel system the following taxes and license fees are hereby imposed:

(1) As to Class B events, a tax of two percent (2%) of the total amount of money wagered and also a license fee of two hundred dollars ($200) per day;

(2) As to Class C events, a tax of one and one-half percent (1.5%) of the total amount of money wagered and also a license fee of fifty dollars ($50.00) per day;

(3) As to Class E events, a tax of one percent (1%) of the total amount of money wagered and also a license fee of twenty dollars ($20.00) per day.

Legislative History

P.L. 1934, ch. 2086, § 12; G.L. 1938, ch. 12, § 12; P.L. 1942, ch. 1212, art. 11, § 1; P.L. 1944, ch. 1449, § 1; P.L. 1947, ch. 1887, art. 8, § 1; P.L. 1951, ch. 2733, art. 3, § 1; P.L. 1952, ch. 3026, art. 3, § 1; P.L. 1953, ch. 3150, art. 3, § 1; P.L. 1954, ch. 3254, art. 3, § 1; P.L. 1955, ch. 3521, art. 3, § 1; P.L. 1956, ch. 3739, art. 3, § 1; G.L. 1956, § 41-4-5; R.P.L. 1957, ch. 44, art. 3, § 1; P.L. 1960, ch. 74, § 19.