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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) and (4), relative to horse racing; to provide for the distribution of2
certain 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) and (4) are 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
the provisions of this Paragraph shall only apply to thoroughbred race meetings16
at any facility where the purse revenue derived from slot machines is limited by17 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.
law to a certain expressly stated number of slot machines. For such facilities,1
in the event the amount distributed as purses to persons licensed to race horses2
at thoroughbred race meetings conducted in the state is less than the amount3
required by Subsection A of this Section, and more than an amount equal to two4
times the average daily purse distribution at the race meeting at which such5
amount is generated, it shall be delivered to the Horsemen's Benevolent and6
Protective Association for further distribution to persons having earned monies7
during the meeting, in the direct proportion that the underpayment is to the8
monies earned by that person at that meeting. In the event the underpayment9
is less than an amount equal to two times the average daily purse distribution10
at that meeting, it shall be retained by the association in an interest bearing11
account to be used for purses at the next thoroughbred race meeting conducted12
by that association. Interest earned on the account shall be added to the purse13
paid over and above the amount required to be paid as purses by Subsection A14
of this Section.15
(4) For the purposes of this Subsection, "average daily purse16
distribution" means all sources of funds available for use as a purse or purse17
supplement that are required by law to be distributed during a race meeting.18
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The original instrument was prepared by Michelle Ducharme. The following
digest, which does not constitute a part of the legislative instrument, was
prepared by Michelle Broussard-Johnson.
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 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.
association in an interest bearing account to be used for purses at the next thoroughbred
meeting conducted by that association.
Proposed law retains present law but adds provisions applicable only to thoroughbred race
meetings at any facility where the purse revenue is derived from slot machines. Further
provides that in the event the amount distributed as purses to persons licensed to race horses
at thoroughbred race meetings conducted in the state is less than the amount required by
present law, and more than an amount equal to two times the average daily purse distribution
at the thoroughbred 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 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 thoroughbred
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. Proposed law
defines "average daily purse distribution" to include all sources of funds available for use
as a purse or purse supplement that are required by law to be distributed during a race
meeting.
Effective August 1, 2013.
(Adds R.S. 4:183(B)(3) and (4))
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.
Senate Floor Amendments to engrossed bill
1. Makes Legislative Bureau technical changes.
2. Provides certain provisions that will only apply to thoroughbred race
meetings.
3. Provides the definition of the "average daily purse distribution."