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CA AB2637

Bill

Status

Passed

8/21/2014

Primary Sponsor

Isadore Hall

Click for details

Origin

State Assembly

2013-2014 Session

AI Summary

  • Increases the minimum distribution from charity day horse racing proceeds to charities associated with the horse racing industry from 20% to 30%

  • Removes the California Horse Racing Board's authority to allocate a maximum of 28 racing days annually to county fairs in the northern zone that did not conduct horse racing prior to January 1, 1985

  • Corrects an outdated cross-reference in the Horse Racing Law relating to parimutuel wagering regulations

  • Maintains existing requirements that 5% of charity day distributions go to a welfare fund for racing workers and 5% to assistance programs for horsemen and backstretch personnel affected by substance abuse

  • Preserves the requirement that 20% of distributions fund endowment accounts to assist disabled jockeys, with distributions ceasing once the nonprofit corporation or trust reaches $2 million in cumulative distributions

Legislative Description

Horse racing: parimutuel wagering and charity racing days.

Last Action

Chaptered by Secretary of State - Chapter 241, Statutes of 2014.

8/21/2014

Committee Referrals

Appropriations6/24/2014
Governmental Organization6/11/2014
Rules5/23/2014
Appropriations4/30/2014
Governmental Organization3/28/2014

Full Bill Text

No bill text available