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A BILL TO BE ENTITLED
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AN ACT
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relating to the set aside, collection, and transfer of certain |
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money for the Texas Racing Commission. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 6.091(a), Texas Racing Act (Article |
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179e, Vernon's Texas Civil Statutes), is amended to read as |
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follows: |
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(a) An association shall distribute from the total amount |
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deducted as provided by Section 6.08(a) and 6.09(a) of this Act from |
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each simulcast pari-mutuel pool and each simulcast cross-species |
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pool the following shares: |
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(1) an amount equal to one percent of each simulcast |
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pool to the commission to fund the agency's activities [as the
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amount set aside for the state]; |
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(2) an amount equal to 1.25 percent of each simulcast |
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cross-species pool to the commission to fund the agency's |
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activities [as the amount set aside for the state]; |
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(3) if the association is a horse racing association, |
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an amount equal to one percent of a multiple two wagering pool or |
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multiple three wagering pool as the amount set aside for the |
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Texas-bred program to be used as provided by Section 6.08(f) of this |
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Act; |
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(4) if the association is a greyhound association, an |
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amount equal to one percent of a multiple two wagering pool or a |
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multiple three wagering pool as the amount set aside for the |
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Texas-bred program for greyhound races, to be distributed and used |
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in accordance with rules of the commission adopted to promote |
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greyhound 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 association, and the receiving location |
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pursuant to a contract approved by the commission between the |
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sending association and the receiving location. |
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SECTION 2. Section 6.091(b), Texas Racing Act (Article |
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179e, Vernon's Texas Civil Statutes), is repealed. |
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SECTION 3. (a) The changes in law made by this Act to |
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Section 6.091, Texas Racing Act (Article 179e, Vernon's Texas Civil |
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Statutes), apply to the deduction from a pari-mutuel pool for a race |
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conducted by a racetrack association on or after the effective date |
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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 6.091, Texas |
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Racing Act (Article 179e), Vernon's Texas Civil Statutes), as |
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amended by this Act. |
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SECTION 4. This Act takes effect September 1, 2017. |