Section 138.513 - Tax on advance deposit account wagering licensees(1)(a) Beginning August 1, 2014, but before August 1, 2022, an excise tax is imposed on all advance deposit account wagering licensees licensed under KRS 230.260 at a rate of one-half of one percent (0.5%) of all amounts wagered through the licensee by Kentucky residents; and(b) Beginning August 1, 2022, an excise tax is imposed on all advance deposit account wagering licensees licensed under KRS 230.260 at a rate of one and one-half percent (1.5%) of all amounts wagered through the licensee by Kentucky residents.(2) The tax imposed by this section shall be paid, collected, administered, and distributed as provided in KRS 138.530.Amended by 2024 Ky. Acts ch. 171,§ 45, eff. 7/1/2024.Amended by 2024 Ky. Acts ch. 123,§ 35, eff. 7/15/2024.Amended by 2024 Ky. Acts ch. 166,§ 9, eff. 4/9/2024.Amended by 2022 Ky. Acts ch. 124,§ 5, eff. 7/13/2022.Added by 2014 Ky. Acts ch. 102,§ 8, eff. 7/15/2014.