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ID H0592

Bill

Status

Introduced

2/22/2010

Primary Sponsor

Unknown

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Authorizes pari-mutuel betting on simulcast and televised races at facilities not located on live race meet grounds, within the same county as the live track facility or in other counties, subject to approval by the Idaho State Racing Commission and county commissioners.

  • Requires licensees operating off-site simulcast/televised race facilities to pay a minimum of 1% of gross daily receipts to the live horse race purse distribution fund for tracks operating less than 15 live race days annually, distributed proportionally based on number of days run.

  • Requires licensees to pay an additional minimum of 1% of gross daily receipts to the licensee whose license authorizes the simulcast/televised races, to be used solely for live horse race meet purses.

  • Establishes the live horse race distribution fund in the state treasury, with funds distributed to qualifying tracks no later than 30 days after approval of a live race meet license application for the forthcoming calendar year.

  • Distributes excess simulcast/televised race handle exceeding $14 million annually: 5% (up to $12,500) to the Idaho horse board for youth programs and 5% (up to $12,500) to the Idaho Robert R. Lee Promise Scholarship Program.

Legislative Description

Amends existing law to authorize pari-mutuel betting on the result of a live horse race meet at a facility not located on the ground where the wagering occurs under certain circumstances, to provide procedures, to provide fees and to provide for the creations of the Live Horse Race Distribution Fund and to provide for distribution of excess proceeds from the fund.

PARI-MUTUEL BETTING

Last Action

to St Aff

2/23/2010

Committee Referrals

State Affairs2/23/2010

Full Bill Text

No bill text available