HB0335 Summary

• Extends advance deposit wagering authorization through December 31, 2018 (previously set to expire February 1, 2017)

• Extends surcharge provisions on winning wagers through December 31, 2018, allowing licensees to impose up to 0.5% surcharge with proceeds split between organization licensee and purse accounts

• Extends additional 0.2% surcharge on winning wagers through December 31, 2018, with collections directed to the Board for deposit into Quarter Horse Purse Fund (up to $100,000 annually) and Horse Racing Fund

• Modifies references to Advisory Board composition to reference "largest association" of standardbred owners and breeders rather than specific named organizations, and updates agricultural fair representation language