2020 Regular Session ENROLLED
SENATE BILL NO. 120
BY SENATOR SMITH
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
18 meeting licensed by the commission.
19 (b) Three members shall be owners of racehorses which participate in
20 any race meeting licensed by the commission.
21 (3) The commission shall provide by rule for investigation and resolution of
22 alleged violation of Paragraph (2) of this Subsection. Such These rules shall include
23 the suspension of the board member pending conclusion of the investigation and
24 removal of the member in the event of a violation. Any member removed as a result
ACT No. 214
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions. SB NO. 120 ENROLLED
1 of a violation of Paragraph (2) of this Subsection shall not be eligible for
2 reappointment for a period of five years.
3 (4) Nothing in this Subsection shall prohibit a member of the Louisiana State
4 Racing Commission from owning a horse that sired or bred a racehorse that
5 participates in a race meeting licensed by the commission, or from participating in
6 a breeder or stallion award, provided the member does not have an ownership
7 interest in the racehorse that competed in the race meeting at the time of the meeting.
8 * * *
PRESIDENT OF THE SENATE
SPEAKER OF THE HOUSE OF REPRESENTATIVES
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:
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Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.