SB 398 Summary

• Authorizes an additional separate distribution from charity day proceeds to nonprofit corporations or trusts whose sole purpose is supporting recognized fairs or the network of California fairs.

• Extends the deadline for distributions to organizations operating audiovisual signal systems from December 31, 2013 to December 31, 2016, with revised calculation methods beginning January 1, 2017 instead of January 1, 2014.

• Maintains existing requirements that at least 20% of charity day distributions go to horse racing-related charities, with additional 5% allocations to horsemen welfare funds and substance abuse assistance programs.

• Establishes that the total percentage deducted from wagers at satellite wagering facilities in the northern zone must match deductions at the racetrack where the racing meeting is conducted.