SLS 10RS-420 ENGROSSED Page 1 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2010 SENATE BILL NO. 478 BY SENATOR N. GAUTREAUX HORSE RACING. Provides relative to certain horse racing purses and breeders' awards. (7/1/10) AN ACT1 To amend and reenact R.S. 4:165(A)(1) and (2) and (B)(1) and (2), relative to certain horse2 racing purses and breeders' awards; to provide with respect to monies allocated for3 purses and breeders' awards; to provide for an effective date; and to provide for4 related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. R.S. 4:165(A)(1) and (2) and (B)(1) and (2) are hereby amended and7 reenacted to read as follows: 8 ยง165. Funds of the commission; purses and breeders' awards; withholds; promotion9 and research10 A.(1) Out of the funds appropriated by the legislature for the expenses and11 operation of the Louisiana State Racing Commission, the commission the12 legislature shall allocate and use annually the sum of seven hundred thousand13 dollars or a sum equal to three-tenths of one percent of the total gross pari-mutuel14 handle wagered annually on all horse races at all tracks where pari-mutuel wagering15 is conducted at race meetings of racing associations and at offtrack wagering16 facilities authorized and licensed by the commission, whichever sum is greater, to17 SB NO. 478 SLS 10RS-420 ENGROSSED Page 2 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. make special awards to stallion owners whose Louisiana stallions have sired1 accredited Louisiana bred finishing first, second, or third in a stake, handicap, or2 allowance race, exclusive of maiden races, for thoroughbred horses upon which3 pari-mutuel wagering is conducted at race meetings of racing associations and at4 offtrack wagering facilities authorized and licensed by the commission and to5 supplement purses and to make special breeder awards to the breeders of accredited6 Louisiana bred horses finishing first, second, or third in any race for accredited7 Louisiana bred thoroughbred horses upon which pari-mutuel wagering is conducted8 at race meetings of racing associations and at offtrack wagering facilities authorized9 and licensed by the commission. Special awards to stallion owners shall also be10 made to owners whose Louisiana stallions have sired accredited Louisiana bred11 finishing first, second, or third in out-of-state stakes races with purses of at least12 twenty-five thousand dollars, added.13 (2) The breeder award herein authorized shall be paid and disbursed to the14 breeder who becomes entitled thereto pursuant to the provisions hereof, according15 to a schedule or formula and within a period which is or shall be established by the16 Executive Committee of the Louisiana Thoroughbred Breeders Association. Any17 purse supplement herein authorized and paid by the commission shall in no case18 exceed the amount provided as a purse by the racing association conducting the race19 meeting in this state or the races conducted in any other state as provided for in20 Paragraph (1) of this Subsection. Monies for the awards as provided in Paragraph21 (1) of this Subsection, shall be appropriated to the Louisiana Thoroughbred22 Breeders Association for disbursement to the entitled breeders.23 * * *24 B.(1) Out of the funds appropriated by the legislature for the expenses and25 operation of the Louisiana State Racing Commission, the commission the26 legislature shall allocate and use annually the sum of eight hundred thousand dollars27 to make special stallion awards to the owners of stallions of accredited Louisiana28 bred offspring which finish first, second, or third, in a stake, handicap, or allowance29 SB NO. 478 SLS 10RS-420 ENGROSSED Page 3 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. race, exclusive of maiden races, for quarter horses run at any track licensed by the1 commission; and to supplement purses and to make special breeders' awards to the2 breeders of accredited Louisiana bred quarter horses which finish first, second, or3 third in a race or races for accredited Louisiana bred quarter horses conducted at a4 race meeting or meetings in Louisiana. However, the awards paid under the5 provisions of this Subsection shall be considered as an overhead expense of the6 racing commission and paid without regard to the track where quarter horses are7 running, the payment of this award not to be considered an expense solely of the8 track or tracks running quarter horses.9 (2) The breeder award herein authorized shall be paid and disbursed to the10 breeder who becomes entitled thereto pursuant to the provisions hereof, according11 to the schedule or formula which is or shall be established by the Executive12 Committee of the Louisiana Quarter Horse Breeders Association, not later than the13 thirtieth day following the close of the race meeting at which the breeder award was14 earned. Any such purse supplement herein authorized and paid by the commission15 shall in no case exceed the amount provided as a purse by the licensee conducting16 the race meeting. Monies for the awards as provided in Paragraph (1) of this17 Subsection, shall be appropriated to the Louisiana Quarter Horse Breeders18 Association for disbursement to the entitled breeders.19 * * *20 Section 2. This Act shall become effective on July 1, 2010; if vetoed by the governor21 and subsequently approved by the legislature, this Act shall become effective on July 1,22 2010, or on the day following such approval by the legislature, whichever is later.23 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jay R. Lueckel. DIGEST N. Gautreaux (SB 478) Present law provides that out of the funds appropriated by the legislature for the expenses and operation of the Louisiana State Racing Commission, the commission shall allocate and use annually $700,000 or a sum equal to .3 of 1% of the total gross pari-mutuel handle wagered annually on all horse races at all tracks where pari-mutuel wagering is conducted for thoroughbred horse breeders' awards. Thoroughbred breeder awards shall be paid and SB NO. 478 SLS 10RS-420 ENGROSSED Page 4 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. disbursed to the breeder who becomes entitled according to a schedule or formula and within a period which is established by the Executive Committee of the Louisiana Thoroughbred Breeders Association. Proposed law retains present law except that the legislature shall appropriate the money directed to the La. Thoroughbred Breeders Association for disbursement. Present law provides that out of the funds appropriated by the legislature for the expenses and operation of the La. State Racing Commission, the commission shall allocate and use annually the sum of $800,000 to make quarter horse breeder awards. Present law also provides that the awards paid shall be considered as an overhead expense of the La. State Racing Commission and paid without regard to the track where quarter horses are running, the payment of this award not to be considered an expense solely of the track or tracks running quarter horses. Proposed law retains present law except that the legislature shall appropriate the money directed to the La. Quarter Horse Breeders Association for disbursement. Proposed law further deletes provision that such awards paid shall be considered an overhead expense of the La. State Racing Commission. Effective July 1, 2010. (Amends R.S. 4:165(A)(1) and (2) and (B)(1) and (2)) Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Finance to the original bill. 1. Restores existing law relative to payment of Thoroughbred or Quarter Horse breeder awards according to a schedule or formula established by the respective Breeder Associations. 2. Deletes the provision requiring payment within 30 days of the date of the race at which the award was earned.