Bill Text: CA SB1227 | 2011-2012 | Regular Session | Introduced


Bill Title: Horse racing: parimutuel pool funds.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2012-08-16 - Set, second hearing. Held in committee and under submission. [SB1227 Detail]

Download: California-2011-SB1227-Introduced.html
BILL NUMBER: SB 1227	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Negrete McLeod

                        FEBRUARY 23, 2012

   An act to amend Section 19614 of the Business and Professions
Code, relating to horse racing, and making an appropriation therefor.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1227, as introduced, Negrete McLeod. Horse racing: parimutuel
pool funds.
   Existing law, the Horse Racing Law, generally regulates horse
racing and vests the administration and enforcement of the Horse
Racing Law in the California Horse Racing Board. A violation of the
act, where no other penalty is expressed, is a misdemeanor.
   Existing law requires every association that conducts a racing
meeting to deduct 15% of the total amount handled in conventional
parimutuel pool and 16.75% of the total amount handled in exotic
parimutuel pools and to distribute the moneys as specified. Existing
law requires any fair racing association to additionally deduct 1%
from the total amount handled in its daily conventional and exotic
parimutuel pools, and provides for the deposit of the moneys in the
Fair and Exposition Fund, a continuously appropriated fund, for
expenditure for the construction or operation of recreational and
cultural facilities of general public interest.
   This bill would instead require that the 1% deducted from the
total amount handled in its daily conventional and exotic parimutuel
pools be distributed to the fair that conducted the racing meeting
and to the horsemen and horsewomen who participated in the racing
meeting. The bill would specify that 50% of this amount, would be
payable to the fair as commissions, and 50% to the horsemen and
horsewomen as purses. Because a violation of these provisions would
be a crime, the bill would impose a state-mandated local program.
   The California Constitution requires the state to reimburse local
agencies and school districts for certain costs mandated by the
state. Statutory provisions establish procedures for making that
reimbursement.
   This bill would provide that no reimbursement is required by this
act for a specified reason.
   Vote: majority. Appropriation: yes. Fiscal committee: yes.
State-mandated local program: yes.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 19614 of the Business and Professions Code is
amended to read:
   19614.  (a) Notwithstanding Sections 19611 and 19612, and except
for an association that qualifies pursuant to Section 19612.6, for a
fair conducting a live racing meeting, 1 percent of the total amount
handled on live races, excluding wagering at a satellite facility,
shall be retained by the fair association for payment to the state as
a license fee.
   (b) Additionally, 0.48 percent of the total amount handled on live
racing, excluding wagering at a satellite facility, shall be
deposited with the official registering agency pursuant to
subdivision (a) of Section 19617.2, and shall thereafter be
distributed in accordance with subdivisions (b), (c), and (d) of
Section 19617.2.
   (c) After distribution of the applicable amounts as set forth in
subdivisions (a) and (b) and the payments made pursuant to other
relevant sections of this chapter, all funds remaining from the
deductions provided in Section 19610 shall be distributed 47.5
percent as commissions and 52.5 percent as purses. From the amount
distributed as thoroughbred purses, a sum equal to 0.07 percent of
the total handle shall be held by the association to be deposited
with the official registering agency pursuant to subdivision (a) of
Section 19617.2, and shall thereafter be distributed in accordance
with subdivisions (b), (c), and (d) of Section 19617.2.
   Any additional amount generated for purses and not distributed
during the previous corresponding meeting shall be added to the
purses at the current meeting.
   (d) In addition to the amounts deducted pursuant to Section 19610,
any fair racing association shall deduct 1 percent from the total
amount handled in its daily conventional and exotic parimutuel pools.
The additional 1 percent shall be  deposited in the Fair and
Exposition Fund and is hereby appropriated for the purposes
specified in Section 19630.   distributed to the fair
that conducted the racing meeting and to the horsemen and horsewomen
who participated in the racing meeting as follows:  
   (1) Fifty percent to the fair as commissions.  
   (2) Fifty percent to the horsemen and horsewomen as purses. 
  SEC. 2.  No reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution because
the only costs that may be incurred by a local agency or school
district will be incurred because this act creates a new crime or
infraction, eliminates a crime or infraction, or changes the penalty
for a crime or infraction, within the meaning of Section 17556 of the
Government Code, or changes the definition of a crime within the
meaning of Section 6 of Article XIII B of the California
Constitution.
           
feedback