Category Archives: News

Frankfort, KY—Taking a bold step towards addressing the pension shortfall, Representatives Dennis Keene (D-Wilder) and Rick Rand (D-Bedford) have pre-filed legislation today that will bring hundreds of millions of dollars into Kentucky through expanded gaming. To be overseen by an expanded Kentucky Lottery Board, the gaming legislation calls for a constitutional amendment to be voted upon by Kentuckians that open the door for local-option casinos in up to ten facilities across he Commonwealth.

“Casinos are already located along all of Kentucky’s borders and those states are reaping the benefits of additional tax revenues,” said Representative and House Democratic Caucus Chairman Dennis Keene. “Kentucky’s lottery gambling is highly successful and by expanding existing gaming venues to allow for casino-type games, we will grow a new revenue source to help us catch up on the pension shortfall.”

Former A&R Chairman, Representative Rick Rand has stated that once fully operational, casino tax revenue could be as high as $500 million over the biennium. “Based upon actuarial assumptions, and looking at revenue generated from our neighboring states, this could be a windfall for Kentucky,” said Rep. Rick Rand. “Initial license fees for casinos would generate one-time $325 million in fees followed by $236 million annually. That would be a great step in the right direction towards decreasing our pension shortfall.”

Both Representatives Keene and Rand believe that without a designated revenue stream to address the $33 billion public pension shortfall, Kentucky’s retirees will be asked to shoulder too much of the burden of making the pension system solid. “Before we look at a plan that involves cuts to retirees’ benefits, we have opportunities to being new revenue that will be designated to the pension fund,” said Rep. Keene.

“The uncertainty in the pension system at this time is leading to a mass exodus of experienced teachers, state police officers and state and county workers who will flood the retirement system,” said Rep. Rick Rand. “Do voters want to allow the new revenue from expanding gaming to build the pension fund or would they rather have cuts made on the backs of the state’s over 100,000 retirees? It’s time to put the gaming issue on the ballot so the public can have their say on this issue.”

The gaming legislation includes the following:

  • The Kentucky Lottery Corporation will oversee and administer expanded gaming;
  • Casinos will be limited to no more than four free-standing to be located in precincts that approve the conduct of expanded gaming and to horse racing tracks that already conduct pari-mutuel wagering, which shall not be allowed to conduct electronic games, but shall not be allowed full casino gaming;
  • Participation in expanded gaming shall be limited to any person 21 years of age and older.

FRANKFORT – This week, the General Assembly returns to the Capitol to begin the 2017 Regular Session. Although the House and Senate are as old as Kentucky, this is only the ninth odd-year legislative session since our current state constitution was adopted in the late 1800s. We actually were one of the last states to… Continue Reading

A Legislative Perspective on the Kentucky General Assembly with State Representative Rick Rand September 5, 2016

On Sunday morning, our nation will pause to remember and reflect upon the tragedy known primarily by its date: 9/11. Those of us old enough to remember that Tuesday in 2001 will never forget where we were and what we were doing when we heard the news. It had the same impact as such other… Continue Reading

A Legislative Perspective on the Kentucky General Assembly with State Representative Rick Rand

To get a better understanding of just how prevalent obesity has become in America, consider that no state had more than 20 percent of its adult population fall in that category in 1996. Today, no state has less. Kentucky has seen its rate for adults double during that timeframe, from about 16 percent to more… Continue Reading

FRANKFORT – A quarter-century ago, Kentucky had nowhere to go but up when it came to the education levels of adults 25 and older. Only two-thirds had graduated from high school, and less than a sixth had earned a bachelor’s degree. No state had a lower combined percentage. We’re not where we want to be,… Continue Reading

House Goals for the 2016 Session

FRANKFORT – If the final days of a legislative session are spent deciding what laws the General Assembly will pass, then the first few days are focused on what the House and Senate hope will be on that list. Setting those priorities was the main theme last week as other legislators and I returned to… Continue Reading

Kentucky’s Tobacco Economy

FRANKFORT – About 16 years ago, as most states were deciding how best to spend their portion of a landmark settlement reached with the major tobacco companies, Kentucky took an innovative approach that is continuing to pay substantial dividends. Under that agreement, half of the annual payments are set aside for agriculture and the other… Continue Reading

Vote for the Milton-Madison Bridge Project for America’s Transportation Award

The People’s Choice Award is everyone’s chance to vote on-line for their favorite project that reduced congestion, created new access, or opened up new business opportunities. Commuters, truck drivers, construction workers, soccer moms – anyone who is interested in improving transportation today is urged to vote. The People’s Choice Award is just one of two… Continue Reading

A review of the 2015 Kentucky State Police crime report – A Legislative Perspective on the Kentucky General Assembly with State Representative Rick Rand – August 3, 2015

FRANKFORT – For decades now, Kentucky State Police has annually compiled a comprehensive look at crime across the commonwealth, giving the public and law enforcement alike a much clearer picture of the challenges we face. The reports come out each summer and pull together data from local and state agencies, highlighting both short- and long-term trends. … Continue Reading

Combating Kentucky’s heroin epidemic – A Legislative Perspective on the Kentucky General Assembly with State Representative Rick Rand – July 28, 2015

FRANKFORT – Earlier this year, when the General Assembly approved legislation designed to curb the state’s heroin epidemic, many called the law a national model because of the way it blended additional treatment, smart-on-crime measures and tougher penalties for traffickers. On Monday, we learned that another comprehensive law in this field, this one targeting prescription drug… Continue Reading

Paid for by Rick Rand for State Representative, Regina Rand, Treasurer