Section 41-4-4.1 - Support of racing 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.R.I. Gen. Laws § 41-4-4.1
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.