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H0734aa....................................................by STATE AFFAIRS
RACING - SIMULCAST - Amends existing law relating to distribution of moneys
derived from simulcast of horse and dog racing wagering to increase the
amount distributed to the purse fund for live races in Idaho.
03/10 House intro - 1st rdg - to printing
03/13 Rpt prt - to St Aff
03/20 Rpt out - to Gen Ord
03/27 Rpt out amen - to engros
03/28 Rpt engros - rules susp - PASSED - 59-8-3
AYES -- Alltus, Barraclough, Barrett, Bell, Bieter, Boe, Bruneel,
Callister, Campbell, Chase, Cheirrett, Clark, Cuddy, Ellsworth,
Field(13), Field(20), Gagner, Geddes, Gould, Hadley, Hammond,
Hansen(29), Henbest, Hornbeck, Jaquet, Jones, Kempton, Kendell, Kunz,
Lake, Linford, Loertscher, Mader, Marley, Meyer, Montgomery,
Mortensen, Moss, Moyle, Pearce, Pischner, Pomeroy, Reynolds,
Ridinger, Robison, Sali, Schaefer, Sellman, Shepherd, Smylie,
Stevenson, Stoicheff, Taylor, Tilman, Trail, Wheeler, Wood,
Zimmermann, Mr Speaker
NAYS -- Crow, Hansen(23), Judd, Kellogg, McKague, Ringo, Smith, Stone
Absent and excused -- Black, Deal, Denney
Floor Sponsor - Loertscher
Title apvd - to Senate
03/29 Senate intro - 1st rdg as amen - to St Aff
H0734
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fifth Legislature Second Regular Session - 2000
IN THE HOUSE OF REPRESENTATIVES
HOUSE BILL NO. 734, As Amended
BY STATE AFFAIRS COMMITTEE
1 AN ACT
2 RELATING TO DISTRIBUTION OF MONEYS DERIVED FROM SIMULCAST OF HORSE AND DOG
3 RACING WAGERING; AMENDING SECTION 54-2512, IDAHO CODE, TO PROVIDE THAT A
4 DISTRIBUTION OF SIMULCAST HANDLE PROVIDED BY LAW MAY BE NEGOTIATED BY THE
5 HORSEMEN'S GROUP OF THE TRACK AND TO REVISE DISTINCTION BETWEEN LARGE AND
6 SMALL RACETRACKS; AMENDING SECTION 54-2513, IDAHO CODE, TO REVISE DISTINC-
7 TION BETWEEN LARGE AND SMALL RACETRACKS, TO GOVERN DISTRIBUTION OF MONEYS
8 IN THE LIVE RACE POOL AND TO MAKE TECHNICAL CORRECTIONS; AMENDING CHAPTER
9 25, TITLE 54, IDAHO CODE, BY THE ADDITION OF A NEW SECTION 54-2513A, IDAHO
10 CODE, TO GOVERN THE DISTRIBUTION OF MONEYS IN THE LARGE TRACK SIMULCAST
11 HORSE RACING AND DOG RACING POOL; AMENDING CHAPTER 25, TITLE 54, IDAHO
12 CODE, BY THE ADDITION OF A NEW SECTION 54-2513B, IDAHO CODE, TO GOVERN THE
13 DISTRIBUTION OF MONEYS IN THE SMALL TRACK SIMULCAST HORSE RACING AND DOG
14 RACING POOL; AND REPEALING SECTION 54-2514, IDAHO CODE.
15 Be It Enacted by the Legislature of the State of Idaho:
16 SECTION 1. That Section 54-2512, Idaho Code, be, and the same is hereby
17 amended to read as follows:
18 54-2512. PARI-MUTUEL BETTING -- SIMULCASTING -- OTHER BETTING ILLEGAL.
19 (1) Any licensee conducting a race meet under this act may provide a place or
20 places in the race meet grounds or enclosure at which such licensee may con-
21 duct and supervise the use of the pari-mutuel system by patrons on the result
22 of the races conducted by such licensee at such race meet and, upon written
23 application by a licensee and approval by the commission, on the result of
24 simulcast and/or televised races. The commission shall issue no more than one
25 (1) license to simulcast per live race meet licensee and there shall be no
26 more simulcasting sites in the state than there are licensed live race meet
27 sites.
28 (2) (a) Licenses authorizing simulcast and/or televised races will be
29 regulated by the commission, in addition to its other responsibilities,
30 for the purpose of enhancing, promoting, and protecting the live race
31 industry in the state of Idaho. No license authorizing simulcasting and/or
32 televised races shall be issued to or renewed for persons that are not
33 also licensed to conduct live race meets in the state of Idaho. Persons
34 applying for a simulcast and/or televised race license shall have annually
35 conducted live race meets in the state of Idaho during the preceding two
36 (2) calendar years, and have an agreement reached voluntarily or pursuant
37 to binding arbitration in conformance with chapter 9, title 7, Idaho Code,
38 with a horsemen's group as the term "horsemen's group" is defined in sec-
39 tion 54-2502, Idaho Code. The agreement shall address, but not be limited
40 to, number of live race days and percentage of the live race and simulcast
41 handle that is dedicated to the live horse race purse structure, and shall
42 incorporate the percentage of the simulcast handle dedicated to live horse
43 race purse structure required by law. If the horsemen's group has agreed
2
1 to a revision of the percentage required by law, and the horsemen's group
2 is hereby authorized to negotiate a reduction if it is found to be in the
3 interests of the horsemen, the revision shall be specifically shown. Race
4 days agreed upon shall be submitted to the Idaho racing commission for its
5 approval.
6 (b) In addition to the restrictions recited in paragraph (a) of this sub-
7 section, live horse race licensees that have had an average daily live a
8 total race handle of more than sixty thousand dollars ($60,000) from both
9 live races and simulcast races exceeding five million dollars ($5,000,000)
10 during the last calendar year in operation shall not have a license autho-
11 rizing simulcasting and/or televised races issued or renewed if the licen-
12 see has not run in the calendar year immediately preceding the year for
13 which the application for a license is being made for at least ninety per-
14 cent (90%) of the number of live races that were conducted by that licen-
15 see in 1989.
16 (c) The commission may issue a license authorizing simulcast and/or tele-
17 vised races to a live horse race licensee only after that licensee has
18 conducted at that facility a minimum of forty (40) live horse races in
19 each of the two (2) calendar years preceding the application for such
20 license. The requirements of this paragraph are only applicable to live
21 horse race licensees who have received their initial live horse race
22 license after April 1, 1997.
23 (3) Such pari-mutuel system conducted at such race meet shall not under
24 any circumstances, if conducted under the provisions of this act and in con-
25 formity thereto and to the rules of the commission, be held or construed to be
26 unlawful, other statutes of this state to the contrary notwithstanding.
27 (4) The participation by a licensee in an interstate combined wagering
28 pool does not cause that licensee to be considered to be doing business in any
29 jurisdiction other than the jurisdiction in which the licensee is physically
30 located.
31 (5) Pari-mutuel taxes or commissions may not be imposed on any amounts
32 wagered in an interstate combined wagering pool other than amounts wagered
33 within this jurisdiction.
34 (6) It shall be unlawful to conduct pool selling, book making, or to cir-
35 culate handbooks, or to bet or wager on a race of any licensed race meet,
36 other than by the pari-mutuel system; and it shall further be unlawful know-
37 ingly to permit any minor to use the pari-mutuel system.
38 SECTION 2. That Section 54-2513, Idaho Code, be, and the same is hereby
39 amended to read as follows:
40 54-2513. HORSE RACING -- DISTRIBUTIONS OF DEPOSITS -- BREAKAGE. (A) Each
41 licensee conducting the pari-mutuel system for live and simulcast horse races
42 having an average daily handle in excess of one hundred thousand dollars
43 ($100,000) a total race handle from both live races and simulcast races
44 exceeding five million dollars ($5,000,000) shall distribute all sums depos-
45 ited in any live race pool as follows:
46 (1) Eighty-two per cent percent (82%) of any win, place or show pool to
47 the winner thereof, and eighteen per cent percent (18%) to the licensee;
48 (2) Seventy-seven and one-quarter per cent percent (77.25%) of all two
49 (2) horse exotic wagers including, but not limited to, daily doubles and
50 quinellas to the winner thereof, three-quarters of one per cent percent
51 (.75%) to the racing commission for deposit in the racing commission
52 account fund, and twenty-two per cent percent (22%) to the licensee;
53 (3) Seventy-five and one-quarter per cent percent (75.25%) of all three
3
1 (3) or more horse exotic wagers including, but not limited to, trifecta
2 and twin-trifecta to the winner thereof, three-quarters of one per cent
3 percent (.75%) to the racing commission for deposit in the racing commis-
4 sion account fund, and twenty-four per cent percent (24%) to the licensee.
5 (B) Each licensee conducting the pari-mutuel system for live and simul-
6 cast horse races having an average daily handle in excess of one hundred thou-
7 sand dollars ($100,000) a total race handle from both live races and simulcast
8 races exceeding five million dollars ($5,000,000) shall retain the sums depos-
9 ited in any live race pool as required in subsection (A) of this section, for
10 distribution and payment based upon gross daily live race receipts as follows:
11 (1) One and one-quarter per cent percent (1.25%) of gross daily live race
12 receipts, separately stated, shall be paid to the Idaho state racing com-
13 mission, for deposit in the racing commission account fund, which is
14 hereby created in the state regulatory fund.
15 (2) One-half of one per cent percent (.50%) of gross daily live race
16 receipts from horse races, separately stated, shall be paid to the Idaho
17 state racing commission for deposit in the track distribution account
18 fund, which is hereby created in the pari-mutuel distribution fund, for
19 further distribution to certain Idaho horse race tracks racetracks,
20 defined as follows:
21 a. Recipient horse racing tracks shall be those which, during the
22 race meet year of distribution, have an average daily handle of less
23 than sixty thousand dollars ($60,000) a total race handle from both
24 live races and simulcast races of less than five million dollars
25 ($5,000,000);
26 b. Distributions to recipient horse racing tracks shall be weighted
27 proportionately on the number of days raced during the year of dis-
28 tribution.
29 All moneys in the track distribution account fund are hereby continu-
30 ously appropriated to the commission for payment as required by this sec-
31 tion. Payments to horse racing tracks shall be made annually but not
32 later than December 15.
33 (3) One-half of one per cent percent (.50%) of gross daily live race
34 receipts from horse races, separately stated shall be paid by the licensee
35 to the commission for deposit in the breed distribution account fund,
36 which is hereby created in the pari-mutuel distribution fund, for payment
37 by the commission in proportion to the handle generated by each horse
38 breed, to lawfully constituted representatives of each horse breed, to
39 benefit owners and/or breeders of Idaho bred racing thoroughbreds, racing
40 quarter horses, racing Appaloosas, racing paints and racing Arabians, sub-
41 ject to the approval of the commission. Moneys in the breed distribution
42 account fund on December 31 of each year which have not been distributed
43 by the commission shall be paid to the public school income fund.
44 All moneys in the breed distribution account fund are hereby continu-
45 ously appropriated to the commission for payment as required by this sec-
46 tion. Payments to representatives shall be made quarterly.
47 (4) From the balance of gross daily live race receipts remaining with the
48 licensee after the distributions required in subsections (B)(1), (2), and
49 (3) of this section from horse races, the following amounts shall be paid
50 or retained:
51 a. From the first $20,000 of gross daily live race receipts, the
52 licensee shall retain the entire amount;
53 b. From the next $10,000 of gross daily live race receipts (gross
54 daily receipts between $20,000 and $30,000), the public school income
55 fund and the equine education account shall each receive one-eighth
4
1 of one per cent percent (.125%), and the licensee shall retain the
2 balance;
3 c. From the next $10,000 of gross daily live race receipts (gross
4 daily receipts between $30,000 and $40,000), the public school income
5 fund and the equine education account shall each receive sixty-two
6 and one-half hundredths per cent percent (.625%), and the licensee
7 shall retain the balance;
8 d. From all amounts of over $40,000 of gross daily live race
9 receipts, the public school income fund and the equine education
10 account shall each receive one and one-eighth per cent percent
11 (1.125%), and the licensee shall retain the balance.
12 The public schools' and the equine education account's share shall be
13 paid by the licensee to the racing commission for deposit in the public
14 school income fund or the equine education account as appropriate. The
15 licensee's percentage shall be retained by the licensee.
16 (C) Each licensee conducting the pari-mutuel system for live and simul-
17 cast horse races having an average daily handle of one hundred thousand dol-
18 lars ($100,000) or less shall distribute all sums deposited in any live race
19 pool as follows:
20 (1) Seventy-seven per cent percent (77%) of any win, place or show pool
21 to the winner thereof, and twenty-three per cent percent (23%) to the
22 licensee;
23 (2) Seventy-six and one-quarter per cent percent (76.25%) of all other
24 pools to the winner thereof, three-quarters of one per cent percent (.75%)
25 to the racing commission for deposit in the racing account fund, and
26 twenty-three per cent percent (23%) to the licensee.
27 (D) Each licensee conducting the pari-mutuel system for live and simul-
28 cast horse races shall retain twenty-three per cent percent (23%) of all sums
29 deposited in any live race pool, for distribution and payment based upon gross
30 daily receipts as follows:
31 (1) One and one-quarter per cent percent (1.25%) of gross daily live race
32 receipts, separately stated, shall be paid to the Idaho state racing com-
33 mission, for deposit in the racing commission account fund.
34 (2) One-half of one per cent percent (.50%) of gross daily live race
35 receipts from horse races, separately stated, shall be paid to the Idaho
36 state racing commission for deposit in the track distribution account
37 fund, for further distribution to certain Idaho horse race tracks,
38 defined as follows:
39 a. Recipient horse racing tracks shall be those which, during the
40 race meet year of distribution, have an average daily handle of less
41 than sixty thousand dollars ($60,000) a total race handle from both
42 live races and simulcast races exceeding five million dollars
43 ($5,000,000);
44 b. Distributions to recipient horse racing tracks shall be weighted
45 proportionately on the number of days raced during the year of dis-
46 tribution.
47 All moneys in the track distribution account fund are hereby continu-
48 ously appropriated to the commission for payment as required by this sec-
49 tion. Payments to horse racing tracks shall be made annually but not later
50 than December 15.
51 (3) One-half of one per cent percent (.50%) of gross daily live race
52 receipts from horse races, separately stated, shall be paid by the licen-
53 see to the commission for deposit in the breed distribution account fund,
54 for payment by the commission in proportion to the handle generated by
55 each horse breed, to lawfully constituted representatives of each horse
5
1 breed, to benefit owners and/or breeders of Idaho bred racing
2 thoroughbreds, racing quarter horses, racing Appaloosas, racing paints and
3 racing Arabians, subject to the approval of the commission. Moneys in the
4 breed distribution account fund on December 31 of each year which have not
5 been distributed by the commission shall be paid to the public school
6 income fund. All moneys in the breed distribution account fund are hereby
7 continuously appropriated to the commission for payment as required by
8 this section. Payments to representatives shall be made quarterly.
9 (4) Twenty and three-quarters per cent percent (20.75%) of gross daily
10 live race receipts from horse races shall be paid or retained as follows:
11 a. From the first $20,000 of gross daily live race receipts, the
12 licensee shall retain twenty and three-quarters per cent percent
13 (20.75%);
14 b. From the next $10,000 of gross daily live race receipts (gross
15 daily receipts between $20,000 and $30,000), the public school income
16 fund and the equine education account shall each receive one-eighth
17 of one per cent percent (.125%), and the licensee shall retain twenty
18 and one-half per cent percent (20.50%);
19 c. From the next $10,000 of gross daily live race receipts (gross
20 daily receipts between $30,000 and $40,000), the public school income
21 fund and the equine education account shall each receive sixty-two
22 and one-half hundredths per cent percent (.625%), and the licensee
23 shall retain nineteen and one-half per cent percent (19.50%);
24 d. From all amounts of over $40,000 of gross daily live race
25 receipts, the public school income fund and the equine education
26 account shall each receive one and one-eighth per cent percent
27 (1.125%), and the licensee shall retain eighteen and one-half per
28 cent percent (18.50%).
29 The public schools' share and the equine education account's share shall
30 be paid by the licensee to the racing commission for deposit in the public
31 school income fund or the equine education account as appropriate. The
32 licensee's percentage shall be retained by the licensee.
33 (E) Each licensee may retain the odd cents of all redistribution to be
34 based on each dollar deposited exceeding a sum equal to the next lowest multi-
35 ple of ten (10), known as breakage, and the total amount of unclaimed tickets
36 at the termination of the time allowed by rule of the commission.
37 (F) If the fiscal year-end balance in the racing commission account fund
38 exceeds $400,000, the excess shall be transferred by the office of the state
39 controller to the pari-mutuel distribution fund, which is hereby created, for
40 further distribution as follows:
41 (1) Sixty per cent percent (60%) shall be deposited in the Idaho horse
42 owner/breeder award account fund, which is hereby created in the
43 pari-mutuel distribution fund, and shall be distributed by the racing com-
44 mission annually, but not later than December 15 of each year as follows:
45 a. Fifty per cent percent (50%) to the breeders of Idaho bred win-
46 ners based on the number of live races by each breed for the current
47 calendar year; and
48 b. Fifty per cent percent (50%) in equal amounts to owners of Idaho
49 bred horse race winners.
50 c. All moneys in the Idaho owner/breeder award account fund are
51 hereby continuously appropriated to the commission for payment as
52 required in this section.
53 (2) Forty per cent percent (40%) shall be deposited in the track purse
54 enhancement account fund, which is hereby created, and paid to all Idaho
55 licensed horse racetracks for the purpose of purse enhancement based on
6
1 the number of live race dates held the preceding calendar year. Track
2 purse enhancement moneys shall be disbursed no later than thirty (30) days
3 after Idaho state racing commission approval of live race meet license
4 applications for the forthcoming calendar year. All moneys in the track
5 purse enhancement account fund are hereby continuously appropriated to the
6 commission for payment as required by this section.
7 SECTION 3. That Chapter 25, Title 54, Idaho Code, be, and the same is
8 hereby amended by the addition thereto of a NEW SECTION, to be known and des-
9 ignated as Section 54-2513A, Idaho Code, and to read as follows:
10 54-2513A. LARGE TRACK SIMULCAST HORSE AND DOG RACING -- DISTRIBUTION --
11 BREAKAGE. Each licensee conducting the pari-mutuel system for live horse
12 racing and simulcast of horse and dog racing with an annual gross handle of
13 over five million dollars ($5,000,000) shall distribute all sums retained by
14 the licensee in any simulcast race pool after meeting the winner pay-out of
15 the host state, as follows:
16 (1) Five percent (5%) of the retained amount shall be transmitted to the
17 racing commission for deposit in the regulatory fund.
18 (2) Twenty-five percent (25%) of the retained amount, separately stated,
19 shall be deposited in the licensee's live horse race purse account as directed
20 in the horseman's agreement with concurrence of the commission.
21 (3) Four percent (4%) of the retained amount, separately stated, shall be
22 paid to the racing commission for deposit in the track distribution fund for
23 further distribution to certain Idaho horse racetracks for the exclusive pur-
24 pose of enhancing purses at those tracks as follows:
25 (a) Recipient horse racing tracks shall be those which during the race
26 meet year of distribution have an annual handle of less than five million
27 dollars ($5,000,000).
28 (b) Distribution to recipient horse racing tracks shall be weighted pro-
29 portionally on the number of days raced during the year of distribution.
30 (c) All moneys in the track distribution fund are hereby continuously
31 appropriated to the commission for payment as required by this subsection.
32 Payments to horse racing tracks shall be made annually but not later than
33 December 31.
34 (4) Two and one-quarter percent (2.25%) of the retained amount from
35 races, separately stated, shall be paid by the licensee to the commission for
36 deposit in the breed distribution fund, for payment by the commission in pro-
37 portion to the handle generated by each horse breed, to lawfully constituted
38 representatives of each horse breed, to benefit owners and/or breeders of
39 Idaho bred racing thoroughbreds, racing quarter horses, racing Appaloosas,
40 racing paints and racing Arabians, subject to the approval of the commission.
41 Moneys in the breed distribution fund on December 31 of each year which have
42 not been distributed by the commission shall be paid to the public school
43 income fund. All moneys in the breed distribution fund are hereby continuously
44 appropriated to the commission for payment as required by this section. Pay-
45 ments to representatives shall be made quarterly.
46 (5) One and one-half percent (1.5%) of the retained amount, separately
47 stated, shall be paid by the licensee to the commission for deposit in the
48 public school income fund.
49 (6) Each licensee may retain the odd cents of all redistribution to be
50 based on each dollar deposited exceeding the sum equal to the next lowest mul-
51 tiple of ten (10), known as breakage, and the total amount of unclaimed tick-
52 ets at the termination of the time allowed by rule of the commission.
7
1 SECTION 4. That Chapter 25, Title 54, Idaho Code, be, and the same is
2 hereby amended by the addition thereto of a NEW SECTION, to be known and des-
3 ignated as Section 54-2513B, Idaho Code, and to read as follows:
4 54-2513B. SMALL TRACK SIMULCAST HORSE AND DOG RACING -- DISTRIBUTION --
5 BREAKAGE. Each licensee conducting the pari-mutuel system for live horse
6 racing and simulcast of horse and dog racing with an annual gross handle of
7 less than five million dollars ($5,000,000) shall distribute all sums retained
8 by the licensee in any simulcast race pool after meeting the winner pay-out of
9 the host state, as follows:
10 (1) Two and one-half percent (2.5%) of the retained amount shall be
11 transmitted to the racing commission for deposit in the regulatory fund.
12 (2) Three percent (3%) of the retained amount, separately stated, shall
13 be paid to the racing commission for deposit in the track distribution fund
14 for further distribution to certain Idaho horse racetracks for the exclusive
15 purpose of enhancing purses at those tracks as follows:
16 (a) Recipient horse racing tracks shall be those which during the race
17 meet year of distribution have an annual handle of less than five million
18 dollars ($5,000,000).
19 (b) Distribution to recipient horse racing tracks shall be weighted pro-
20 portionally on the number of days raced during the year of distribution.
21 (c) All moneys in the track distribution fund are hereby continuously
22 appropriated to the commission for payment as required by this subsection.
23 Payments to horse racing tracks shall be made annually but not later than
24 December 31.
25 (3) One and twelve-hundredths percent (1.12%) of the retained amount from
26 races, separately stated, shall be paid by the licensee to the commission for
27 deposit in the breed distribution fund, for payment by the commission in pro-
28 portion to the handle generated by each horse breed, to lawfully constituted
29 representatives of each horse breed, to benefit owners and/or breeders of
30 Idaho bred racing thoroughbreds, racing quarter horses, racing Appaloosas,
31 racing paints and racing Arabians, subject to the approval of the commission.
32 Moneys in the breed distribution fund on December 31 of each year which have
33 not been distributed by the commission shall be paid to the public school
34 income fund. All moneys in the breed distribution fund are hereby continuously
35 appropriated to the commission for payment as required by this section. Pay-
36 ments to representatives shall be made quarterly.
37 (4) Each licensee may retain the odd cents of all redistribution to be
38 based on each dollar deposited exceeding the sum equal to the next lowest mul-
39 tiple of ten (10), known as breakage, and the total amount of unclaimed tick-
40 ets at the termination of the time allowed by rule of the commission.
41 SECTION 5. That Section 54-2514, Idaho Code, be, and the same is hereby
42 repealed.
AH0734
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fifth Legislature Second Regular Session - 2000
Moved by Loertscher
Seconded by Hornbeck
IN THE HOUSE OF REPRESENTATIVES
HOUSE AMENDMENTS TO H.B. NO. 734
1 AMENDMENT TO SECTION 3
2 On page 6 of the printed bill, delete lines 8 through 53, and on page 7,
3 delete lines 1 through 11 and insert:
4 "54-2513A. LARGE TRACK SIMULCAST HORSE AND DOG RACING -- DISTRIBUTION --
5 BREAKAGE. Each licensee conducting the pari-mutuel system for live horse
6 racing and simulcast of horse and dog racing with an annual gross handle of
7 over five million dollars ($5,000,000) shall distribute all sums retained by
8 the licensee in any simulcast race pool after meeting the winner pay-out of
9 the host state, as follows:
10 (1) Five percent (5%) of the retained amount shall be transmitted to the
11 racing commission for deposit in the regulatory fund.
12 (2) Twenty-five percent (25%) of the retained amount, separately stated,
13 shall be deposited in the licensee's live horse race purse account as directed
14 in the horseman's agreement with concurrence of the commission.
15 (3) Four percent (4%) of the retained amount, separately stated, shall be
16 paid to the racing commission for deposit in the track distribution fund for
17 further distribution to certain Idaho horse racetracks for the exclusive pur-
18 pose of enhancing purses at those tracks as follows:
19 (a) Recipient horse racing tracks shall be those which during the race
20 meet year of distribution have an annual handle of less than five million
21 dollars ($5,000,000).
22 (b) Distribution to recipient horse racing tracks shall be weighted pro-
23 portionally on the number of days raced during the year of distribution.
24 (c) All moneys in the track distribution fund are hereby continuously
25 appropriated to the commission for payment as required by this subsection.
26 Payments to horse racing tracks shall be made annually but not later than
27 December 31.
28 (4) Two and one-quarter percent (2.25%) of the retained amount from
29 races, separately stated, shall be paid by the licensee to the commission for
30 deposit in the breed distribution fund, for payment by the commission in pro-
31 portion to the handle generated by each horse breed, to lawfully constituted
32 representatives of each horse breed, to benefit owners and/or breeders of
33 Idaho bred racing thoroughbreds, racing quarter horses, racing Appaloosas,
34 racing paints and racing Arabians, subject to the approval of the commission.
35 Moneys in the breed distribution fund on December 31 of each year which have
36 not been distributed by the commission shall be paid to the public school
37 income fund. All moneys in the breed distribution fund are hereby continuously
38 appropriated to the commission for payment as required by this section. Pay-
39 ments to representatives shall be made quarterly.
40 (5) One and one-half percent (1.5%) of the retained amount, separately
41 stated, shall be paid by the licensee to the commission for deposit in the
42 public school income fund.
43 (6) Each licensee may retain the odd cents of all redistribution to be
2
1 based on each dollar deposited exceeding the sum equal to the next lowest mul-
2 tiple of ten (10), known as breakage, and the total amount of unclaimed tick-
3 ets at the termination of the time allowed by rule of the commission.".
4 AMENDMENT TO THE BILL
5 On page 7, delete lines 12 through 53, and delete page 8 and insert:
6 "SECTION 4. That Chapter 25, Title 54, Idaho Code, be, and the same is
7 hereby amended by the addition thereto of a NEW SECTION, to be known and des-
8 ignated as Section 54-2513B, Idaho Code, and to read as follows:
9 54-2513B. SMALL TRACK SIMULCAST HORSE AND DOG RACING -- DISTRIBUTION --
10 BREAKAGE. Each licensee conducting the pari-mutuel system for live horse
11 racing and simulcast of horse and dog racing with an annual gross handle of
12 less than five million dollars ($5,000,000) shall distribute all sums retained
13 by the licensee in any simulcast race pool after meeting the winner pay-out of
14 the host state, as follows:
15 (1) Two and one-half percent (2.5%) of the retained amount shall be
16 transmitted to the racing commission for deposit in the regulatory fund.
17 (2) Three percent (3%) of the retained amount, separately stated, shall
18 be paid to the racing commission for deposit in the track distribution fund
19 for further distribution to certain Idaho horse racetracks for the exclusive
20 purpose of enhancing purses at those tracks as follows:
21 (a) Recipient horse racing tracks shall be those which during the race
22 meet year of distribution have an annual handle of less than five million
23 dollars ($5,000,000).
24 (b) Distribution to recipient horse racing tracks shall be weighted pro-
25 portionally on the number of days raced during the year of distribution.
26 (c) All moneys in the track distribution fund are hereby continuously
27 appropriated to the commission for payment as required by this subsection.
28 Payments to horse racing tracks shall be made annually but not later than
29 December 31.
30 (3) One and twelve-hundredths percent (1.12%) of the retained amount from
31 races, separately stated, shall be paid by the licensee to the commission for
32 deposit in the breed distribution fund, for payment by the commission in pro-
33 portion to the handle generated by each horse breed, to lawfully constituted
34 representatives of each horse breed, to benefit owners and/or breeders of
35 Idaho bred racing thoroughbreds, racing quarter horses, racing Appaloosas,
36 racing paints and racing Arabians, subject to the approval of the commission.
37 Moneys in the breed distribution fund on December 31 of each year which have
38 not been distributed by the commission shall be paid to the public school
39 income fund. All moneys in the breed distribution fund are hereby continuously
40 appropriated to the commission for payment as required by this section. Pay-
41 ments to representatives shall be made quarterly.
42 (4) Each licensee may retain the odd cents of all redistribution to be
43 based on each dollar deposited exceeding the sum equal to the next lowest mul-
44 tiple of ten (10), known as breakage, and the total amount of unclaimed tick-
45 ets at the termination of the time allowed by rule of the commission.
46 SECTION 5. That Section 54-2514, Idaho Code, be, and the same is hereby
47 repealed.".
48 CORRECTION TO TITLE
49 On page 1, in line 10, following "IN THE" insert: "LARGE TRACK" and also
50 in line 10, following "RACING" insert: "AND DOG RACING"; in line 11, following
51 "POOL;" delete the remainder of the line and delete line 12, and insert:
3
1 "AMENDING CHAPTER 25, TITLE 54, IDAHO CODE, BY THE ADDITION OF A NEW SECTION
2 54-2513B, IDAHO CODE, TO GOVERN THE DISTRIBUTION OF MONEYS IN THE SMALL TRACK
3 SIMULCAST HORSE RACING AND DOG RACING POOL; AND REPEALING SECTION 54-2514,
4 IDAHO CODE.".
STATEMENT OF PURPOSE
RS 10263
This proposed legislation provides for the distribution of funds from the simulcast
racing pools.
FISCAL IMPACT
None
Contact
Name: Rep. Loertscher, Hornbeck, Kunz, Judd, and Smylie
Phone.- (208) 332-1000
STATEMENT OF PURPOSE/FISCAL NOTE H 734