Kentucky HB 248: AN ACT relating to fantasy contests and making an appropriation therefor. Establish KRS Chapter 239 and create new sections thereof to establish definitions; require fantasy contest operators to be registered with the cabinet before operating fantasy contests; establish registration requirements; create the fantasy contest administration fund; prescribe the conditions upon which the cabinet may grant registration to a fantasy contest operator; require registrants to implement reasonable procedures for the conduct of fantasy contests that require an entry fee; require registrants to annually submit their records to a cabinet-approved certified public accountant to perform an audit; direct registrants to keep daily records of its operations; direct the cabinet to promulgate administrative regulations that govern the operation of fantasy contests, with exceptions.

Status: Recommitted to Licensing, Occupations, & Admin Regs (H) (as of 2018-03-19)

State: Kentucky · Session: 2018RS · Bill: HB 248

Sponsors: A. Koenig, A. Simpson, C. McCoy, D. St. Onge, J. Nemes, J. Sims Jr, K. Moser, S. Santoro

View Kentucky HB 248 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.