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AN ACT
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relating to the distribution to the Texas Racing Commission of |
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certain money deducted from simulcast pari-mutuel pools. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2028.202(a), Occupations Code, is |
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amended to read as follows: |
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(a) A racetrack association shall distribute from the total |
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amount deducted as provided by Sections 2028.101 and 2028.152 from |
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each simulcast pari-mutuel pool and each simulcast cross-species |
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pari-mutuel pool the following shares: |
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(1) an amount equal to one percent of each simulcast |
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pari-mutuel pool to the commission for the administration of this |
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subtitle [as the amount set aside for this state]; |
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(2) an amount equal to 1.25 percent of each simulcast |
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cross-species pari-mutuel pool to the commission for the |
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administration of this subtitle [as the amount set aside for this
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state]; |
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(3) for a horse racetrack association, an amount equal |
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to one percent of a multiple two wagering pool or multiple three |
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wagering pool as the amount set aside for the Texas-bred program to |
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be used as provided by Section 2028.103; |
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(4) for a greyhound racetrack association, an amount |
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equal to one percent of a multiple two wagering pool or a multiple |
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three wagering pool as the amount set aside for the Texas-bred |
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program for greyhound races, to be distributed and used in |
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accordance with commission rules adopted to promote greyhound |
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breeding in this state; and |
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(5) the remainder as the amount set aside for purses, |
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expenses, the sending track, and the receiving location under a |
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contract approved by the commission between the sending track and |
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the receiving location. |
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SECTION 2. (a) The change in law made by this Act applies to |
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the deduction from a pari-mutuel pool for a race conducted by a |
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racetrack association on or after the effective date of this Act. |
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(b) As soon as practicable after the effective date of this |
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Act, the Texas Racing Commission shall revise existing rules or |
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adopt new rules as necessary to comply with Section 2028.202(a), |
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Occupations Code, as amended by this Act. |
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SECTION 3. This Act takes effect September 1, 2019. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 1995 was passed by the House on |
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April |
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16, 2019, by the following vote: Yeas 121, Nays 10, 2 |
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present, not voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 1995 was passed by the Senate on |
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May 2, 2019, by the following vote: Yeas 23, Nays 8. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |