Can you summarize KSST 74-8788?
This legal document pertains to the maintenance of sports wagering records by lottery gaming facility managers in Kansas. Lottery gaming facility managers are required to maintain records of all wagers placed, including personally identifiable information of the person placing the wager, the amount and type of wager, the time the wager was placed, the location of the wager (including the IP address, if applicable), the outcome of the wager, any records of abnormal wagering activity, and video camera recordings in the case of in-person wagers.
Can you summarize KSST 74-8789?
The state shall have a cause of action against any person who knowingly engages in, facilitates or conceals conduct that intends to improperly influence a betting outcome of a sporting event for purposes of financial gain, in connection with betting or wagering on a sporting event. The state may seek damages or other equitable relief. The provisions of this section shall not be construed as a limitation on or bar against any other claims that the state may bring against such person or any other claim that the state may bring for injuries or damages arising out of the operation of sports wagering.
Can you summarize KSST 74-8790?
This legal document pertains to lottery gaming facility managers in Kansas and governs the maintenance of a self-exclusion list for sports wagering bettors. Upon request by an individual, a lottery gaming facility manager is required to restrict that individual from placing sports wagers and take reasonable measures to prevent them from doing so. The manager must submit the restricted individual’s name and pertinent information to the Kansas racing and gaming commission, which will disseminate this information to all other lottery gaming facility managers.
Can you summarize KSST 74-8792?
This legal document establishes the white collar crime fund in the state treasury, which will be administered by the governor. The fund is intended to be used for investigating and prosecuting criminal offenses related to illegal activity in the context of wagering, as well as financial or economic crimes involving unauthorized gambling. Expenditures from the fund will be made in accordance with appropriation acts. The attorney general and the executive director of the Kansas racing and gaming commission are required to submit annual budget requests to the governor for the amount of funds they consider necessary to carry out the purposes of the white collar crime fund.
Can you summarize KSST 74-8793?
This legal document establishes the attracting professional sports to Kansas fund in the state treasury. The fund is administered by the secretary of commerce. Expenditures from the fund must comply with appropriation acts and be approved by the secretary of commerce or their designee. The purpose of the fund is to attract professional sports to Kansas. The secretary of commerce is authorized to pledge funds from the attracting professional sports to Kansas fund or sports wagering revenues for the benefit of professional sports teams.
Can you summarize KSST 74-8794?
This legal document pertains to the negotiations of sports wagering in new or existing tribal gaming compacts and the management of sports wagering by tribes in the state of Kansas. When a federally recognized Indian tribe requests to negotiate a gaming compact for sports wagering, the governor is required to submit notice of the request to the executive director. Upon receipt of the notice, the executive director enters into an agreement with the tribe for the operation and management of sports wagering.
Can you summarize KSST 74-8823?
This legal document imposes a tax on parimutuel wagering in Kansas. The tax rates vary depending on the type of race and the amount wagered. For live horse races, a tax at the rate of 3/18 is imposed on the total daily takeout from parimutuel pools. For live greyhound races, the tax rates differ based on the years of racing and the amount wagered. The tax imposed on simulcast races displayed in Kansas is also 3/18 of the total daily takeout.
Can you summarize KSST 75-7236?
K.S.A. 75-7236 through 75-7243 , and amendments thereto, shall be known and may be cited as the Kansas cybersecurity act. History: L. 2018, ch. 97, 1; July 1.
Can you summarize KSST 79-32,300?
This provision allows for a tax credit against the income, privilege, or premium tax liability for taxpayers qualifying as targeted employment businesses or taxpayers outsourcing work to targeted employment businesses. The credit is applicable for every hour that an eligible individual is employed in a targeted employment business and receives earned income as compensation. The credit is 50% of the wages paid to the eligible individual on an hourly basis, up to a maximum credit of $7.
Can you summarize KSST 84-4-213?
This legal document governs the medium and time of settlement by a bank. It applies to banks and persons involved in settlement transactions. The document states that the medium and time of settlement may be prescribed by federal reserve regulations, circulars, clearing-house rules, or agreement. In the absence of such prescription, the medium of settlement is cash or credit to an account in a federal reserve bank or specified by the person to receive settlement.