01-30 10:18 1st Sub. (Green) S.B. 156
David P. Hinkins proposes the following substitute bill:
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Pari-mutuel Horse Racing
2025 GENERAL SESSION
STATE OF UTAH
Chief Sponsor: David P. Hinkins
House Sponsor:
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LONG TITLE
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General Description:
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This bill creates the Pari-mutuel Horse Racing Commission and allows for pari-mutuel
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horse racing and wagering.
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Highlighted Provisions:
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This bill:
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▸ defines terms;
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▸ creates the Pari-mutuel Horse Racing Commission (commission);
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▸ provides for the commission's membership, authority, and duties;
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▸ requires the state auditor to audit the commission's accounting;
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▸ allows the commission to issue licenses and permits for pari-mutuel events;
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▸ allows the commission to enforce fines and penalties for permit and license violations;
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▸ requires voters to approve pari-mutuel horse racing and wagering within a county before
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the commission issues permits in the county;
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▸ requires a permittee other than a political subdivision to post a bond or other financial
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assurance;
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▸ provides for simulcasting and advance deposit pari-mutuel wagering;
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▸ provides for takeouts of certain percentages from the winning wagers for certain purposes;
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▸ prohibits bribery, touting, and wagering involving minors;
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▸ requires the identification of horses;
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▸ prohibits certain treatment of animals in relation to pari-mutuel events; and
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▸ creates restricted accounts.
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Money Appropriated in this Bill:
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None
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Other Special Clauses:
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None
1st Sub. S.B. 156 1st Sub. (Green) S.B. 156 01-30 10:18
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Utah Code Sections Affected:
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ENACTS:
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63C-32-101, Utah Code Annotated 1953
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63C-32-201, Utah Code Annotated 1953
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63C-32-202, Utah Code Annotated 1953
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63C-32-203, Utah Code Annotated 1953
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63C-32-204, Utah Code Annotated 1953
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63C-32-301, Utah Code Annotated 1953
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63C-32-302, Utah Code Annotated 1953
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63C-32-303, Utah Code Annotated 1953
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63C-32-304, Utah Code Annotated 1953
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63C-32-401, Utah Code Annotated 1953
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63C-32-402, Utah Code Annotated 1953
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63C-32-403, Utah Code Annotated 1953
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63C-32-404, Utah Code Annotated 1953
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63C-32-405, Utah Code Annotated 1953
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63C-32-501, Utah Code Annotated 1953
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63C-32-502, Utah Code Annotated 1953
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63C-32-503, Utah Code Annotated 1953
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63C-32-504, Utah Code Annotated 1953
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63C-32-505, Utah Code Annotated 1953
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63C-32-601, Utah Code Annotated 1953
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63C-32-602, Utah Code Annotated 1953
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Be it enacted by the Legislature of the state of Utah:
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Section 1. Section 63C-32-101 is enacted to read:
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CHAPTER 32. PARI-MUTUEL HORSE RACING COMMISSION
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Part 1. General Provisions
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63C-32-101 . Chapter definitions.
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As used in this chapter:
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(1) "Advance deposit pari-mutuel wager" means a wager on the outcome of a pari-mutuel
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event by an individual who has opened an account in advance with a permittee.
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(2) "Breakage" means the amount a permittee retains after rounding down a pari-mutuel
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payout to the nearest increment of 10 cents.
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(3) "Breeder award" means money that the commission collects and distributes to promote
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the improved breeding and development of the horse racing industry.
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(4) "Breeder Award Account" means the restricted account created in Section 63C-32-602.
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(5) "Commission" means the Pari-mutuel Horse Racing Commission created in Section
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63C-32-201.
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(6) "Drug" means a substance foreign to a horse's body, other than food, that is intended to
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affect the structure or function of the horse's body.
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(7) "Entry" means a horse entered to compete in a horse race.
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(8) "Exotic wager" means a wager consisting of a single betting interest on three or more
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entries.
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(9) "Handle" means the amount of money wagered in a pari-mutuel pool.
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(10) "Multiple wager" means a wager consisting of a single betting interest on two entries.
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(11) "Pari-mutuel Commission Account" means the restricted account created in Section
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63C-32-601.
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(12) "Pari-mutuel event" means a horse racing event authorized by the commission.
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(13) "Pari-mutuel pool" means all the wagers placed on a pari-mutuel event.
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(14) "Pari-mutuel wagering" means wagering on the outcome of a pari-mutuel event in
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which:
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(a) an individual may place a wager of various amounts on an entry in the event;
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(b) all wagers for the event are pooled and held by the permittee for distribution; and
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(c) the permittee distributes the total wagers comprising the pari-mutuel pool once the
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outcome of the event is decided after subtracting:
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(i) an amount not greater than:
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(A) for live racing, 25.90%; or
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(B) for simulcasting, 35%; and
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(ii) the amount for breakage to holders of tickets on the winning entries.
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(15)(a) "Participant" means any person with a financial interest or investment in an entry.
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(b) "Participant" includes the entry's trainer, jockey, and owner.
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(c) "Participant" does not include a person that places a wager on an entry.
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(16) "Simulcasting" means the live broadcasting of a pari-mutuel event at a remote location
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from the pari-mutuel event.
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(17) "Simulcast wagering" means a wager placed on a simulcast pari-mutuel event.
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(18) "Steward" means an individual authorized by the commission to enforce this chapter
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and commission rules under Section 63C-32-203.
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Section 2. Section 63C-32-201 is enacted to read:
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Part 2. Pari-mutuel Horse Racing Commission
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63C-32-201 . Creation -- Membership -- Officers -- Meetings -- Compensation.
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(1) There is created the Pari-mutuel Horse Racing Commission.
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(2) The commission is composed of seven individuals, each of whom is appointed by the
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governor with the advice and consent of the Senate.
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(3) The governor shall appoint to the commission an individual who:
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(a) is a resident of the state;
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(b) reflects the different geographical areas of the state; and
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(c) can demonstrate experience in horse racing.
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(4)(a) Except as provided in Subsection (4)(d), a commission member shall serve for a
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term of four years.
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(b) The governor may reappoint a commission member to one additional four-year term.
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(c) A commission member shall continue to serve until the governor appoints and the
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Senate confirms the member's successor.
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(d) Notwithstanding Subsection (4)(a), the governor may, at the time of appointment or
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reappointment, adjust the length of a commission member's term to ensure that terms
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are staggered so that approximately one half of the commission is appointed every
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two years.
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(e) When a vacancy occurs in the commission membership for any reason, the governor
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shall fill the vacancy for the unexpired term.
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(f) The governor may remove a commission member for inefficiency, neglect of duty,
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malfeasance or misfeasance in office, or other good and sufficient cause.
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(5)(a) A majority of the commission constitutes a quorum.
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(b) A majority vote of a quorum may act for the commission.
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(6) The commission shall:
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(a) elect annually from the commission membership a president and vice-president;
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(b) hold a fall meeting;
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(c) hold special meetings at times and places that a majority of the commission
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determines; and
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(d) keep a record of the proceedings of the commission.
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(7) The commission may employ, seasonally or annually:
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(a) a director who has a working knowledge of pari-mutuel wagering and horse racing;
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(b) an executive secretary; and
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(c) a steward described in Section 63C-32-203.
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(8)(a) A member of the commission who has a personal or private interest in any matter
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proposed or pending before the commission:
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(i) shall publicly disclose the member's personal or private interest to the
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commission; and
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(ii) may not vote on the proposed or pending matter in which the member has a
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personal or private interest.
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(b) A member of the commission who owns or has any interest, or whose spouse or
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immediate family member has any interest, in an entry in a pari-mutuel event:
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(i) shall disclose the interest; and
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(ii) may not participate in a commission decision involving the pari-mutuel event.
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(9) The commission may provide to a commission member:
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(a) per diem and travel expenses in accordance with:
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(i) Section 63A-3-106;
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(ii) Section 63A-3-107; and
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(iii) rules that the Division of Finance makes in accordance with Sections 63A-3-106
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and 63A-3-107; and
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(b) compensation of $50 for each day during which the member is engaged in the
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discharge of commission duties except participation at a commission meeting.
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(10)(a) The Department of Agriculture and Food, created in Section 4-2-102, shall
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provide staff support for the commission.
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(b) The commission shall reimburse the Department of Agriculture and Food for all
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costs and expenses incurred by the Department of Agriculture and Food to staff the
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commission.
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Section 3. Section 63C-32-202 is enacted to read:
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63C-32-202 . Duties --Rulemaking -- Accounting -- Audit.
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(1) The commission shall:
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(a) authorize by permit all pari-mutuel events;
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(b) supervise all pari-mutuel events;
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(c) announce the place, time, and duration of all pari-mutuel events the commission
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authorizes by permit; and
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(d) keep an accurate and true account of all:
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(i) funds the commission receives; and
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(ii) payments the commission issues.
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(2) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the
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commission shall make rules to:
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(a) establish a process for receiving and reviewing an application for a license or a
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permit;
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(b) establish a process for granting a license or a permit;
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(c) establish fees, in accordance with Section 63J-1-504, for all licenses and permits
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under this chapter to ensure that the total revenues received by the commission
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recover the costs of administering this chapter;
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(d) establish security access safeguards for licensees to use for advance deposit
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pari-mutuel wagering;
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(e) prohibit advertising of advance deposit pari-mutuel wagering that the commission
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determines to be deceptive to the public;
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(f) establish the number of pari-mutuel event days required to qualify for a simulcasting
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permit in a manner that ensures fair and equitable involvement of all affected parties,
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including consideration of the economic viability of those days to the permit
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applicant;
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(g) control, supervise, and direct permittees, including:
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(i) provisions for resolving scheduling conflicts; and
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(ii) settling disputes between permittees;
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(h) govern the supervising, disciplining, suspending, fining, and barring from
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pari-mutuel events of an individual required to be licensed under this chapter;
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(i) govern the holding, conducting, and operating of all pari-mutuel events;
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(j) provide for simulcasting, in accordance with Section 63C-32-402, in a manner that
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protects the public interest;
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(k) establish a list of allowed drugs for a horse participating in a pari-mutuel event; and
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(l) establish qualifications for horses that the commission allows to race in a permitted
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pari-mutuel event.
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(3)(a) The state auditor or the state auditor's designee shall:
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(i) audit the commission's accounting described in Subsection (1)(d) at least once
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every two calendar years; and
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(ii) deliver a copy of the audit to the commission and the governor within 30 days
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after the day on which the auditor or the auditor's designee completes the audit.
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(b) The commission shall bear the cost of the audit described in Subsection (3)(a).
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Section 4. Section 63C-32-203 is enacted to read:
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63C-32-203 . Appointment of stewards.
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(1)(a) The commission shall appoint no less than one steward and no more than three
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stewards for each pari-mutuel event, including each simulcast event as described in
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Section 63C-32-402, to enforce the commission's rules.
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(b) The commission shall ensure that at least one steward described in Subsection (1)(a)
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is an employee of the commission.
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(2) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the
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commission shall make rules to grant reasonable and necessary authority to a steward,
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including authority to:
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(a) enforce the commission's rules and the requirements in this chapter;
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(b) rule on the outcome of events;
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(c) impose a fine or suspension in accordance with Section 63C-32-303; and
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(d) recommend that the commission impose a larger fine or longer suspension in
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accordance with Subsection 63C-32-303(4)(b).
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(3) The commission shall pay a steward an amount set by the commission that includes
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expenses and mileage.
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Section 5. Section 63C-32-204 is enacted to read:
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63C-32-204 . County elections required for pari-mutuel events.
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(1) The commission may not issue a permit for a pari-mutuel event in a county that:
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(a) has not voted to allow pari-mutuel events within the county in an election described
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in Subsection (2); or
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(b) rejects holding pari-mutuel events within the county in an election described in
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Subsection (2).
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(2) On or before December 31, 2025, each county legislative body shall put the question of
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whether to allow pari-mutuel events within the county to voters in a general or special
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election called and held in accordance with Sections 20A-1-203 and 20A-1-204.
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(3) If voters in an election described in Subsection (2) vote to not allow pari-mutuel events
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within a county, the county legislative body may put the question of whether to allow
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pari-mutuel events within the county to the voters no sooner than two years after a
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previous vote.
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Section 6. Section 63C-32-301 is enacted to read:
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Part 3. License and Permit Requirements
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63C-32-301 . License required.
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(1) The following shall obtain a license from the commission:
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(a) each applicant for a permit described in Section 63C-32-302;
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(b) each participant;
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(c) each employee of a permittee or participant that is directly involved in the horse
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racing or pari-mutuel wagering activities of the permittee or participant; and
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(d) any other person that the commission requires to obtain a license under commission
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rule.
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(2) The commission may fine a licensee or suspend a license in accordance with Section
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63C-32-303 and commission rule.
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(3) An applicant for a pari-mutuel license shall provide to the commission all information
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necessary for a criminal background check.
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Section 7. Section 63C-32-302 is enacted to read:
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63C-32-302 . Permit required -- Conditions.
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(1) A person shall obtain a permit from the commission before holding or advertising a
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pari-mutuel event.
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(2)(a) An application for a permit shall include:
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(i) the name and identification of the applicant;
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(ii) a complete financial statement of the applicant;
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(iii) information about the purpose and use of the permit, including:
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(A) the events the applicant will conduct under the permit;
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(B) the manner of wagering for the events that the applicant will conduct under
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the permit; and
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(C) the applicant's proposed controls and supervision of an event and wagering at
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the event;
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(iv) the names and identification of the individuals who will supervise the manner of
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wagering; and
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(v) the license of the applicant as required by Section 63C-32-301.
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(b) A permit issued under this Subsection (2) authorizes a pari-mutuel event for the
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times and places described in the permit.
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(3)(a) The commission may issue a permit to allow a person, including a county,
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municipality, or county fair board, to hold pari-mutuel events for up to three years
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from the date of issuance.
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(b) A permittee under Subsection (2)(a) may not:
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(i) assign, lease, contract, or otherwise turn over the operation or management of:
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(A) a permitted pari-mutuel event; or
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(B) the pari-mutuel system of wagering; or
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(ii) allow a person other than the permittee to retain any of the money received for
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admission to the race or from the operations of the pari-mutuel system.
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(c) The commission shall revoke the permit of a permittee that violates Subsection (3)(b).
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(d) The commission may issue, amend, or deny permits at the commission's discretion.
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(4) To obtain a pari-mutuel permit, the permittee shall agree to contribute to the Breeder
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Award Account:
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(a) an amount equal to 0.40% of the total handle wagered during the pari-mutuel event;
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and
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(b) a sum equal to 20% of the 5% retained under Subsection 63C-32-404(2)(b) on
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multiple or exotic wagers.
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Section 8. Section 63C-32-303 is enacted to read:
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63C-32-303 . License or permit violations -- Fine -- Suspension -- Appeal.
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(1)(a) If a person violates a commission rule:
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(i) a steward may impose a fine not to exceed $1,000; and
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(ii) the commission may impose a fine not to exceed $10,000.
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(b) A steward shall report to the commission within 24 hours after the fine is imposed:
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(i) the amount of the fine;
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(ii) information about the violation, including which commission rule the person
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violated; and
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(iii) the name of the person subject to the fine.
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(c) The commission or a steward shall send written notification to a person subject to a
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fine.
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(d) A written notification described in Subsection (1)(c) shall include:
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(i) the amount of the fine;
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(ii) which commission rule the person violated;
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(iii) whether the person is required to pay the fine within 48 hours in accordance with
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Subsection (1)(e); and
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(iv) information regarding how to appeal the fine.
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(e) A permittee or licensee subject to a fine under this chapter shall pay the fine to the
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commission within 48 hours after the fine is imposed.
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(2)(a) If a licensee or permittee violates a commission rule:
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(i) a steward may suspend the license or permit for up to 30 days; and
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(ii) the commission may suspend the license or permit for any period of time.
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(b) A steward shall report to the commission within 24 hours after suspending a license
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or permit:
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(i) that the steward imposed a license or permit suspension;
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(ii) information about the violation, including which commission rule the licensee or
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permittee violated; and
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(iii) the name of the licensee or permittee subject to suspension.
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(c) The commission or a steward shall send written notification to a licensee or permittee
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subject to a license or permit suspension.
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(d) A written notification described in Subsection (2)(c) shall include:
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(i) the length of the suspension;
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(ii) which commission rule the licensee or permittee violated; and
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(iii) information regarding how to appeal the suspension.
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(3) The commission or steward imposing a fee or suspension shall ensure that the amount
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of the fee or the length of the suspension is proportional to the seriousness of the
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violation.
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(4)(a) A person may appeal a fine or suspension in writing to the commission within five
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days after the day on which the person is notified of the fine or suspension.
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(b) The commission may:
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(i) affirm or reverse a steward's imposition of a fee or suspension; or
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(ii) increase or decrease a fine or suspension.
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Section 9. Section 63C-32-304 is enacted to read:
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63C-32-304 . Bond of permittees -- Conditions -- Prosecution of bond actions.
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(1)(a) Subject to the condition described in Subsection (1)(b), the commission may
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require a permittee to deliver to the commission, in an amount not less than $5,000:
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(i) a bond signed by a surety company authorized to do business in the state in a form
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and amount that the commission specifies;
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(ii) a certificate of deposit; or
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(iii) an irrevocable letter of credit.
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(b) The commission may accept the delivery described in Subsection (1)(a) if the
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permittee:
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(i) pays to the commission all monies due under this chapter; and
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(ii) performs other obligations as the commission may require.
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(c) The commission may exempt a political subdivision, as that term is defined in
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Section 17-1-102, from the requirements of this Subsection (1).
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(2) The county attorney of the county in which a pari-mutuel event is held may prosecute
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an action on the bond described in Subsection (1) on behalf of the commission against a
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permittee for any reason except for an action involving public liability insurance.
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Section 10. Section 63C-32-401 is enacted to read:
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Part 4. Pari-mutuel Events
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63C-32-401 . Commission supervision of pari-mutuel events.
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(1) The commission shall:
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(a) observe and supervise the conduct of pari-mutuel wagering at a pari-mutuel event in
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accordance with the event's permit; and
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(b) make the commission's rules available to a participant of an event.
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(2)(a) The commission may appoint a steward in accordance with Section 63C-32-203,
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to observe and supervise the conduct of pari-mutuel wagering at a pari-mutuel event.
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(b) A steward of the commission may freely access each event to which the commission
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assigns the steward, including accessing associated pari-mutuel booths and records.
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Section 11. Section 63C-32-402 is enacted to read:
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63C-32-402 . Simulcasting.
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(1) A person may not conduct simulcasting without a permit described in Section
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63C-32-302.
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(2) The commission may not issue a permit to an applicant for simulcasting unless the
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applicant is authorized to conduct a pari-mutuel event other than simulcasting.
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(3) A permittee may conduct simulcasting off the permitted premises of a pari-mutuel event
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if the county legislative body in the county hosting the simulcasting grants approval.
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(4)(a) Except as provided in Subsection (4)(b), a permittee may not conduct
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simulcasting within 100 miles of the premises of a permitted pari-mutuel event.
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(b) The commission may waive the 100-mile limitation described in Subsection (4)(a) if
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a permit application for simulcasting includes written approval from the permittee of
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the pari-mutuel event within the 100-mile limitation.
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Section 12. Section 63C-32-403 is enacted to read:
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63C-32-403 . Advance deposit pari-mutuel wagering.
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(1) The commission may authorize a permittee to conduct advance deposit pari-mutuel
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wagering at a pari-mutuel event.
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(2) An authorized permittee under Subsection (1) may not:
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(a) accept an advance deposit pari-mutuel wager on an advance deposit pari-mutuel
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wagering account that an individual other than the account owner makes; or
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(b) allow an individual under 18 years old to open, own, or access an advance deposit
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pari-mutuel wagering account.
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(3) An authorized permittee under Subsection (1) shall:
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(a) confirm the identification of the account owner by using methods and technologies
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that the commission approves;
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(b) provide a full accounting and verification of the sources of wagers at the request of
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the commission and in a form that the commission requires;
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(c) allow the commission and a commission representative, steward, and agent to access
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the permittee's premises to ensure the permittee's compliance with this chapter and
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commission rules; and
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(d) include a statement in all forms of advertising for advance deposit pari-mutuel
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wagering accounts that individuals under 18 years old are not allowed to open, own,
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or access an advance deposit pari-mutuel wagering account.
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Section 13. Section 63C-32-404 is enacted to read:
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63C-32-404 . Takeouts -- Payment -- Breakage.
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(1)(a) On or before the Wednesday following a permittee's pari-mutuel event, a
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permittee shall:
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(i) file a report with the commission regarding the total amount of money wagered
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during an event; and
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(ii) pay into the Pari-mutuel Commission Account an amount equal to 3% of the total
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amount described in the report under Subsection (1)(a)(i).
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(b) The commission shall transfer one-third of the amount described in Subsection
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(1)(a)(ii):
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(i) if the permittee is located within the borders of a city or town, in equal shares to
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the county and the city or town in which the permittee is located; or
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(ii) if the permittee is not located within the boundaries of a city or town, to the
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county in which the permittee is located.
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(2) Subject to Subsection 63C-32-302(5)(a), a permittee may retain an amount equal to:
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(a) 19.4% of the total handle, as shown by the report described in Subsection (1)(a)(i);
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(b) 5% of the total amount wagered on multiple or exotic wagers;
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(c) the breakage, not to exceed 10 cents per winning wager; and
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(d) unclaimed tickets not claimed within one year following the event for:
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(i) the expenses of the event;
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402
(ii) a purse payout; and
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(iii) promotion of the racing industry.
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Section 14. Section 63C-32-405 is enacted to read:
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63C-32-405 . Horse identification -- Stimulation or retardation of animals
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prohibited -- Animal testing.
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(1) A permittee shall ensure that every horse participating in the permittee's pari-mutuel
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event:
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(a) participates under the horse's registered name; and
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(b) is accurately identified.
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(2) A person may not:
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(a) substitute a horse approved as an entry; or
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(b) use any device or means to conceal or confuse the name and identification of a horse.
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(3) It is unlawful for any person to use or permit to be used a drug or mechanical or
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electrical device of any kind to stimulate or retard an animal in a permitted pari-mutuel
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event, except as allowed by the commission under Subsection 63C-32-202(2)(j).
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(4)(a) A commission member, agent of the commission, or steward may require the
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testing of an animal to determine whether the animal has been stimulated or retarded
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in violation of Subsection (3).
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(b) A veterinarian licensed under Title 58, Chapter 28, Veterinary Practice Act, shall
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supervise the testing described in Subsection (4)(a).
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Section 15. Section 63C-32-501 is enacted to read:
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Part 5. Criminal Violations
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63C-32-501 . Operating without a permit -- Criminal penalty.
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(1) It is unlawful for an individual to hold or conduct a pari-mutuel event or a pari-mutuel
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system of wagering without a permit described in Section 63C-32-302.
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(2) A violation of Subsection (1) is a third degree felony.
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Section 16. Section 63C-32-502 is enacted to read:
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63C-32-502 . Bribery -- Criminal penalty.
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(1) It is unlawful bribery for an individual:
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(a) to give, promise to give, or attempt to give any money, bribe, or thing of value with
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intent to influence a person to dishonestly umpire, manage, direct, judge, preside,
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officiate at, or participate in a pari-mutuel event with the intention or purpose of
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affecting the result of the event; or
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(b) to receive, agree to receive, or attempt to receive any money, bribe, or thing of value
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with intent to influence a person to dishonestly umpire, manage, direct, judge,
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preside, officiate at, or participate in a pari-mutuel event with the intention or purpose
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of affecting the result of the event.
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(2) A violation of Subsection (1) is a third degree felony.
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Section 17. Section 63C-32-503 is enacted to read:
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63C-32-503 . Touting -- Criminal penalty.
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(1) It is unlawful touting for an individual:
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(a) to knowingly persuade, procure, cause, or attempt to persuade, procure, or cause
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another person to wager on an animal in a pari-mutuel event; or
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(b) to ask or demand compensation as a reward for information or purported information
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given in a circumstance described in this Subsection (1).
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(2) A violation of Subsection (1) is a class B misdemeanor.
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Section 18. Section 63C-32-504 is enacted to read:
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63C-32-504 . Betting by minors -- Criminal penalty.
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(1) It is unlawful for an individual under 18 years old to place or be allowed to place a
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wager on a pari-mutuel event.
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(2) A violation of Subsection (1) is a class B misdemeanor.
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Section 19. Section 63C-32-505 is enacted to read:
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63C-32-505 . Refusal to leave premises -- Criminal penalty.
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(1) A commission member, agent of the commission, or steward may exclude from a
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pari-mutuel event an individual who has been convicted of:
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(a) bribery as described in Section 63C-32-502;
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(b) touting as described in Section 63C-32-503; or
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(c) underage betting or permitting underage betting as described in Section 63C-32-504.
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(2) It is unlawful for an individual described in Subsection (1) to refuse to leave the
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premises of a pari-mutuel event when the commission member, agent of the
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commission, or steward excludes the individual from attendance under Subsection (1).
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(3) A violation of Subsection (2) is a class B misdemeanor.
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Section 20. Section 63C-32-601 is enacted to read:
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Part 6. Restricted Accounts
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63C-32-601 . Pari-mutuel Commission Restricted Account.
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(1) There is created a restricted account within the General Fund known as the Pari-mutuel
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Commission Restricted Account.
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(2) The account shall consist of:
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(a) all sums paid to the commission under this chapter except contributions from
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permittees to the Breeder Award Restricted Account described in Subsection
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63C-32-302(4);
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(b) fines and penalties that the commission receives; and
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(c) interest earned on money in the account.
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(3) Subject to appropriation by the Legislature, money in the account may be used to pay
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the expenses the commission incurs in enforcing this chapter, including to:
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(a) reimburse the costs incurred by the Department of Agriculture and Food, created in
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Section 4-2-102, to staff the commission under Subsection 63C-32-201(10); and
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(b) pay and reimburse a steward under Section 63C-32-203.
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(4) The commission may not incur expenses that exceed the total money in the Pari-mutuel
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Commission Account.
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Section 21. Section 63C-32-602 is enacted to read:
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63C-32-602 . Breeder Award Restricted Account.
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(1) There is created a restricted account within the General Fund known as the Breeder
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Award Restricted Account.
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(2) The account shall consist of:
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(a) contributions the commission receives described in Subsection 63C-32-302(4); and
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(b) interest earned on money in the account.
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(3) Subject to appropriation by the Legislature, money in the account may be used to
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promote, at the commission's discretion:
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(a) improved breeding practices;
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(b) development of the horse industry; and
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(c) the horse racing commission created in Section 4-38-103.
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Section 22. Effective Date.
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This bill takes effect on May 7, 2025.
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