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CO SB179
Bill
AI Summary
- Extends the deadline for in-state simulcast facilities to receive and conduct pari-mutuel wagering on greyhound race broadcasts from June 30, 2014 to June 30, 2016, when no live greyhound racing is occurring in Colorado
- Allows simulcast facilities located on class B horse racing track premises to receive out-of-state greyhound race signals if the class B track has conducted or is scheduled to conduct a live horse race meet within the next twelve months
- Requires operators of simulcast facilities receiving greyhound broadcasts to deposit wagering amounts into a trust account for distribution as purses for live greyhound races in Colorado or, if no live greyhound racing exists, to greyhound welfare and adoption organizations
- Takes effect August 7, 2013, subject to approval by Colorado voters in November 2014 if a referendum petition is filed
- Amended simulcast wagering payment provisions to clarify that operators must pay specified percentages of gross pari-mutuel wagering to purse funds and other entities as described in simulcast agreements
Legislative Description
Simulcast Greyhound Races
Last Action
Governor Action - Signed
5/11/2013
Committee Referrals
Finance2/14/2013
Full Bill Text
No bill text available