SLS 20RS-385 ENGROSSED 2020 Regular Session SENATE BILL NO. 120 BY SENATOR SMITH HORSE RACING. Requires that three members of the Louisiana State Racing Commission be affiliated with the horse racing industry. (8/1/20) 1 AN ACT 2 To amend and reenact R.S. 4:144(B), relative to the Louisiana State Racing Commission; 3 to require that three members of the commission be owners of racehorses; and to 4 provide for related matters. 5 Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 4:144(B) is hereby amended and reenacted to read as follows: 7 ยง144. Louisiana State Racing Commission; creation; membership; tenure; powers 8 and duties; quorum; qualification of members; per diem; expenses 9 and disbursements; bond; prohibited interest 10 * * * 11 B.(1) Members shall be residents of Louisiana, over the age of thirty, and 12 shall possess good moral character. Each shall have resided in Louisiana for at least 13 five years immediately preceding his appointment. 14 (2)(a) No member shall be an official, member of any board of directors, or 15 person financially interested in any race track or race meeting licensed by the 16 commission. No Except as provided in Subparagraph (b) of this Paragraph, no 17 member may directly or indirectly own racehorses which participate in any race Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 120 SLS 20RS-385 ENGROSSED 1 meeting licensed by the commission. 2 (b) Three members shall be owners of racehorses, which participate in 3 any race meeting licensed by the commission. 4 (3) The commission shall provide by rule for investigation and resolution of 5 alleged violation of Paragraph (2) of this Subsection. Such These rules shall include 6 the suspension of the board member pending conclusion of the investigation and 7 removal of the member in the event of a violation. Any member removed as a result 8 of a violation of Paragraph (2) of this Subsection shall not be eligible for 9 reappointment for a period of five years. 10 (4) Nothing in this Subsection shall prohibit a member of the Louisiana State 11 Racing Commission from owning a horse that sired or bred a racehorse that 12 participates in a race meeting licensed by the commission, or from participating in 13 a breeder or stallion award, provided the member does not have an ownership 14 interest in the racehorse that competed in the race meeting at the time of the meeting. 15 * * * The original instrument was prepared by Thomas L. Tyler. The following digest, which does not constitute a part of the legislative instrument, was prepared by Alan Miller. DIGEST SB 120 Engrossed 2020 Regular Session Smith Present law provides that the Louisiana State Racing Commission shall be composed of 13 members appointed by the governor. Present law prohibits any member of the Louisiana State Racing Commission from being an official, member of any board of directors, or person financially interested in any race track or race meeting licensed by the commission. Prohibits any member from directly or indirectly owning racehorses which participate in any race meeting licensed by the commission. Proposed law retains this prohibition but provides an exception that three members of the commission be owners of racehorses. Effective August 1, 2020. (Amends R.S. 4:144(B)) Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 120 SLS 20RS-385 ENGROSSED Summary of Amendments Adopted by Senate Committee Amendments Proposed by Senate Committee on Judiciary B to the original bill 1. Changes from proposing that three members of the commission be affiliated with the horse racing industry to three members of the commission be owners of race horses. Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.