By: Kolkhorst S.B. No. 1973
A BILL TO BE ENTITLED
AN ACT
relating to the set aside, collection, and transfer of certain
money for the Texas Racing Commission.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 6.091(a), Texas Racing Act (Article
179e, Vernon's Texas Civil Statutes), is amended to read as
follows:
(a) An association shall distribute from the total amount
deducted as provided by Section 6.08(a) and 6.09(a) of this Act from
each simulcast pari-mutuel pool and each simulcast cross-species
pool the following shares:
(1) an amount equal to one percent of each simulcast
pool to the commission to fund the agency's activities [as the
amount set aside for the state];
(2) an amount equal to 1.25 percent of each simulcast
cross-species pool to the commission to fund the agency's
activities [as the amount set aside for the state];
(3) if the association is a horse racing association,
an amount equal to one percent of a multiple two wagering pool or
multiple three wagering pool as the amount set aside for the
Texas-bred program to be used as provided by Section 6.08(f) of this
Act;
(4) if the association is a greyhound association, an
amount equal to one percent of a multiple two wagering pool or a
multiple three wagering pool as the amount set aside for the
Texas-bred program for greyhound races, to be distributed and used
in accordance with rules of the commission adopted to promote
greyhound breeding in this state; and
(5) the remainder as the amount set aside for purses,
expenses, the sending association, and the receiving location
pursuant to a contract approved by the commission between the
sending association and the receiving location.
SECTION 2. Section 6.091(b), Texas Racing Act (Article
179e, Vernon's Texas Civil Statutes), is repealed.
SECTION 3. (a) The changes in law made by this Act to
Section 6.091, Texas Racing Act (Article 179e, Vernon's Texas Civil
Statutes), apply to the deduction from a pari-mutuel pool for a race
conducted by a racetrack association on or after the effective date
of this Act.
(b) As soon as practicable after the effective date of this
Act, the Texas Racing Commission shall revise existing rules or
adopt new rules as necessary to comply with Section 6.091, Texas
Racing Act (Article 179e), Vernon's Texas Civil Statutes), as
amended by this Act.
SECTION 4. This Act takes effect September 1, 2017.