Alabama SB346 levies an eight percent privilege tax on net gambling revenue from historical horse racing in Mobile County.

Alabama SB346 introduces an eight percent local privilege tax on the net gambling revenue from historical horse racing in Mobile County. This tax applies to revenue collected from pari-mutuel wagering on historical horse racing activities, excluding free bets, free lays, and promotional credits, and after accounting for federal excise taxes, voided wagers, and other deductions. The tax is collected by the Mobile County Racing Commission and is exclusive of any other local taxes on historical horse racing activities. The act becomes effective on October 1, 2026.

Alabama SB346 levies an eight percent privilege tax on net gambling revenue from historical horse racing in Mobile County.

Alabama SB346 introduces an eight percent local privilege tax on the net gambling revenue from historical horse racing in Mobile County. This tax applies to revenue collected from pari-mutuel wagering on historical horse racing activities, excluding free bets, free lays, and promotional credits, and after accounting for federal excise taxes, voided wagers, and other deductions. The tax is collected by the Mobile County Racing Commission and is exclusive of any other local taxes on historical horse racing activities. The act becomes effective on October 1, 2026.