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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2013
SENATE BILL NO. 38
BY SENATOR CORTEZ
Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana.
HORSE RACING. Provides relative to distribution of certain monies as purses. (8/1/13)
AN ACT1
To enact R.S. 4:183(B)(3), relative to horse racing; to provide for the distribution of certain2
monies as purses; and to provide for related matters.3
Be it enacted by the Legislature of Louisiana:4
Section 1. R.S. 4:183(B)(3) is hereby enacted to read as follows:5
ยง183. Contracts between licensees and permittees licensed to race horses at race6
meetings conducted in the state7
* * *8
B. Monies due as purses to persons licensed to race horses at race meetings9
conducted in the state as a result of conditions outlined in R.S. 4:183(A) and the10
monies due to the Horsemen's Benevolent and Protective Association pursuant to the11
provisions of R.S. 4:183(A)(4)(b) shall be allocated and distributed during the race12
meeting at which earned.13
* * *14
(3) Notwithstanding the provisions of Paragraph (2) of this Subsection,15
these provisions shall apply at any facility where the purse revenue derived16
from slot machines is limited by law to a certain expressly stated number of slot17 SB NO. 38
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
machines. For such facilities, in the event the amount distributed as purses to1
persons licensed to race horses at race meetings conducted in the state is less2
than the amount required by Subsection A of this Section, and more than an3
amount equal to two times the average daily purse distribution at the race4
meeting at which such amount is generated, it shall be delivered to the5
Horsemen's Benevolent and Protective Association for further distribution to6
persons having earned monies during the meeting, in the direct proportion that7
the underpayment is to the monies earned by that person at that meeting. In8
the event the underpayment is less than an amount equal to two times the9
average daily purse distribution at that meeting, it shall be retained by the10
association in an interest bearing account to be used for purses at the next11
meeting conducted by that association. Interest earned on the account shall be12
added to the purse paid over and above the amount required to be paid as13
purses by Subsection A of this Section. The average daily purse distribution14
shall include all sources of funds available for use as purses or purse15
supplements, and required by statute to be distributed during a racing meet,16
including, but not limited to, those provided for in R.S. 27:361, 438, and 439.17
* * *18
The original instrument was prepared by Michelle Ducharme. The following
digest, which does not constitute a part of the legislative instrument, was
prepared by Jay Lueckel.
DIGEST
Cortez (SB 38)
Present law provides that monies due as purses to persons licensed to race horses at race
meetings conducted in the state as a result of conditions provided by the law and the monies
due to the Horsemen's Benevolent and Protective Association (HBPA) pursuant to law shall
be allocated and distributed during the race meeting at which earned.
Present law provides that if the amount distributed as purses to persons licensed to race
horses at race meetings conducted in the state is less than the amount required by law, and
more than an amount equal to the average daily purse distribution at the race meeting at
which generated, it shall be delivered to the HBPA for further distribution to persons having
earned monies during the meeting, in the direct proportion that the underpayment is to the
monies earned by that person at the meeting. If the underpayment is less than an amount
equal to the average daily purse distribution at that meeting, it shall be retained by the
association in an interest bearing account to be used for purses at the next meeting conducted
by that association. SB NO. 38
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Proposed law provisions apply to any facility where the purse revenue derived from slot
machines is limited by law to a certain expressly stated number of slot machines. Proposed
law provides that in the event the amount distributed as purses to persons licensed to race
horses at race meetings conducted in the state is less than the amount required by law, and
more than an amount equal to two times the average daily purse distribution at the race
meeting at which generated, it shall be delivered to the Horsemen's Benevolent and
Protective Association for further distribution to persons having earned monies during the
meeting, in the direct proportion that the underpayment is to the monies earned by that
person at that meeting.
Proposed law further provides that in the event the underpayment is less than an amount
equal to two times the average daily purse distribution at that meeting, it shall be retained
by the association in an interest bearing account to be used for purses at the next meeting
conducted by that association. Interest earned on the account shall be added to the purse
paid over and above the amount required to be paid as purses by law. The average daily
purse distribution includes all sources of funds available for use as purses or purse
supplements, and required by statute to be distributed during a racing meet.
Effective August 1, 2013.
(Amends R.S. 4:183(B)(2))
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Finance to the original
bill
1. Changes the applicability of the bill from statewide in scope to any facility
where the purse revenue derived from slot machines is limited by law to a
certain expressly stated number of machines.