HLS 23RS-892 ORIGINAL 2023 Regular Session HOUSE BILL NO. 640 BY REPRESENTATIVE STEFANSKI RACING/HORSE: Provides relative to historical horse racing fees 1 AN ACT 2To amend and reenact R.S. 4:218.1, relative to horse racing fees; to decrease the license fee 3 collected for historical horse racing; to provide for the distribution of collected fees; 4 and to provide for related matters. 5Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 4:218.1 is hereby amended and reenacted to read as follows: 7 ยง218.1. Historical horse racing fee authorization 8 A. The commission may collect a license fee not to exceed four two percent 9 of the total amount wagered at each offtrack wagering facility on historical horse 10 racing to cover administrative costs. 11 B. The commission shall distribute ten percent of the license fee authorized 12 by this Section to the sheriff department of the parish where a historical horse race 13 is taking place. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 640 Original 2023 Regular Session Stefanski Abstract: Decreases the amount the La. State Racing Commission may collect in fees for historical horse racing. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 23RS-892 ORIGINAL HB NO. 640 Present law allows the La. State Racing Commission (commission) to collect a license fee not to exceed 4% of the total amount wagered at each offtrack wagering facility on historical horse racing to cover administrative costs. Proposed law retains present law but decreases the allowed collection amount from 4% to 2%. Proposed law requires that the commission distribute 10% of the license fee to the sheriff department of the parish that is hosting the historical horse race. (Amends R.S. 4:218.1) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.