Texas 2025 - 89th Regular

Texas Senate Bill SB1989 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	89R10105 PRL-D
2	2	By: Hall S.B. No. 1989
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7	7	A BILL TO BE ENTITLED
8	8	AN ACT
9	9	relating to the use of proceeds deposited to the horse industry
10	10	account for law enforcement purposes.
11	11	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	12	SECTION 1. Section 2028.202(b), Occupations Code, is
13	13	amended to read as follows:
14	14	(b) From the total amount deducted under Subsection (a), a
15	15	greyhound racetrack association that receives an interstate
16	16	cross-species simulcast signal shall distribute the following
17	17	amounts from each pari-mutuel pool wagered on the signal at the
18	18	racetrack:
19	19	(1) a fee of 1.5 percent to be paid to the racetrack in
20	20	this state sending the signal;
21	21	(2) a purse in the amount of 0.75 percent to be paid to
22	22	the official state horse breed registry for Thoroughbred horses for
23	23	use as purses at racetracks in this state;
24	24	(3) a purse in the amount of 0.75 percent to be paid to
25	25	the official state horse breed registry for quarter horses for use
26	26	as purses at racetracks in this state; and
27	27	(4) an amount equal to [a purse of] 4.5 percent of the
28	28	pool to be deposited [escrowed] with the commission in the manner
29	29	provided by Section 2028.204.
30	30	SECTION 2. Sections 2028.203 and 2028.204, Occupations
31	31	Code, are amended to read as follows:
32	32	Sec. 2028.203. REIMBURSEMENT FOR SIMULCAST SIGNAL COST. If
33	33	a racetrack association purchases an interstate simulcast signal
34	34	and the signal cost exceeds five percent of the pari-mutuel pool,
35	35	the commission, from the amount set aside [escrowed account] under
36	36	Section 2028.202(b)(4), shall reimburse the racetrack association
37	37	an amount equal to one-half of the signal cost that exceeds five
38	38	percent of the pari-mutuel pool.
39	39	Sec. 2028.204. USE [ALLOCATION] OF MONEY IN HORSE INDUSTRY
40	40	ACCOUNT [ESCROW ACCOUNTS]. (a) A greyhound racetrack association
41	41	shall deposit into an [escrow] account in the commission's registry
42	42	the amount [purse] set aside under Section 2028.202(b)(4).
43	43	(b) The commission shall use [Any horse racetrack
44	44	association in this state may apply to the commission for receipt
45	45	of] money in the horse industry [escrow] account only for law
46	46	enforcement purposes [use as purses]. [Any state horse breed
47	47	registry listed in Section 2030.002(a) may apply for receipt of
48	48	money in the account for any event that furthers the horse industry.
49	49	The commission:
50	50	[(1) shall determine the horse racetrack associations
51	51	and state horse breed registries to be allocated money from the
52	52	account and the percentages to be allocated, taking into
53	53	consideration purse levels, racing opportunities, and the
54	54	financial status of the requesting racetrack association or
55	55	requesting breed registry; and
56	56	[(2) may not annually allocate more than 70 percent of
57	57	the amount deposited into the account to horse racetrack
58	58	associations for use as purses.]
59	59	SECTION 3. Section 2028.2041, Occupations Code, is amended
60	60	to read as follows:
61	61	Sec. 2028.2041. ALLOCATION OF CERTAIN FUNDS. (a) In each
62	62	state fiscal biennium, the comptroller shall deposit the amounts
63	63	allocated under Section 151.801(c-3), Tax Code, into the [escrow]
64	64	account established under Section 2028.204(b), until the
65	65	comptroller determines the amount deposited into the account in
66	66	that fiscal biennium equals the greater of:
67	67	(1) the amount appropriated to the commission for the
68	68	purposes of Section 2028.204 for that fiscal biennium; or
69	69	(2) $50 million.
70	70	(b) Once the comptroller determines the greater of the
71	71	amount described by Subsection (a)(1) or (2) has been deposited
72	72	during a state fiscal biennium into the [escrow] account
73	73	established under Section 2028.204(b), for the remainder of that
74	74	fiscal biennium the comptroller shall deposit the amounts allocated
75	75	under Section 151.801(c-3), Tax Code, into the general revenue
76	76	fund.
77	77	(c) The balance of the [escrow] account established under
78	78	Section 2028.204(b) shall not exceed $50 million.
79	79	SECTION 4. Section 2031.004(e), Occupations Code, is
80	80	amended to read as follows:
81	81	(e) The commission may not:
82	82	(1) use funds from the accredited Texas-bred program
83	83	under Subchapter A, Chapter 2030, or the horse industry [escrowed
84	84	purse] account under Section 2028.204 to fund the Texas Derby
85	85	escrow purse fund; or
86	86	(2) order a state horse breed registry to fund a purse
87	87	for a Texas Derby, make contributions to the Texas Derby escrow
88	88	purse fund, or pay the expenses of a Texas Derby race.
89	89	SECTION 5. Section 151.801(c-3), Tax Code, is amended to
90	90	read as follows:
91	91	(c-3) Subject to the limitation imposed under Section
92	92	2028.2041, Occupations Code, an amount equal to the proceeds from
93	93	the collection of the taxes imposed by this chapter on the sale,
94	94	storage, or use of horse feed, horse supplements, horse tack, horse
95	95	bedding and grooming supplies, and other taxable expenditures
96	96	directly related to horse ownership, riding, or boarding shall be
97	97	deposited to the credit of the [escrow] account administered by the
98	98	Texas Racing Commission and established under Section 2028.204,
99	99	Occupations Code.
100	100	SECTION 6. Section 2028.205, Occupations Code, is repealed.
101	101	SECTION 7. This Act takes effect immediately if it receives
102	102	a vote of two-thirds of all the members elected to each house, as
103	103	provided by Section 39, Article III, Texas Constitution. If this
104	104	Act does not receive the vote necessary for immediate effect, this
105	105	Act takes effect September 1, 2025.