Bill Amendment: AZ SB1282 | 2014 | Fifty-first Legislature 2nd Regular

NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: Racing omnibus

Status: 2014-05-05 - Chapter 277 [SB1282 Detail]

Download: Arizona-2014-SB1282-SENATE_ADOPTED_AMENDMENT_Pierce_flr_amend_ref_NRRA_adopted.html

                                                                                                                  Bill Number: S.B. 1282

                                                                                                             Pierce Floor Amendment

                                                                                              Reference to: NRRA amendment

                                                                            Amendment drafted by: Jennifer Thomsen

 

 

FLOOR AMENDMENT EXPLANATION

 

  • Requires the Arizona Department of Racing (ADR) to determine the percent of account wagers being transmitted to the Racing Regulation Fund.

 

  • Removes the three-year phase out of the regulatory assessment placed on racetracks and instead requires ADR to determine the time period.

 

  • Directs the appropriated monies from unclaimed property revenues be distributed to the Arizona Breeders’ Award Fund for thoroughbred and quarter horse breeders’ awards and also to the County Fair Racing Fund.

Fifty-first Legislature                                                    Pierce

Second Regular Session                                                  S.B. 1282

 

PIERCE FLOOR AMENDMENT

 

SENATE AMENDMENTS TO S.B. 1282

 

(Reference to NRRA amendment)

 

 


Page 3, lines 9 and 10, strike “at least 0.75 per cent” insert “a percentage determined by the department

Between lines 14 and 15, insert:

Line 37, after “deposited” insert “IN AMOUNTS DETERMINED BY THE COMMISSION

Line 38, after “section” insert “and in the county fair racing fund established by subsection i of this section. the commission shall further allocate all monies deposited in the arizona breeders’ award fund pursuant to this subsection to support incentives as authorized by subsection f of this section for thoroughbred and quarter horse breeds only

Page 15, line 39, after “f” insert “and the county fair racing fund established in section 5-113, subsection i as allocated by the racing commission

Line 16, strike “three-year period” insert “time period determined by the department”

Amend title to conform


 

 

 

 

3/5/14

8:19 AM

S: jt/TF

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