Loading chat...
IN SB0002
Bill
Status
1/26/2018
Primary Sponsor
Michael Young
Click for details
AI Summary
SB 2 Summary
-
Amends IC 4-35-7-12 to restore two provisions concerning standardbred horse racing funding that were inadvertently omitted during a 2016 code amendment.
-
Restores provisions allocating $375,000 to the state fair commission for standardbred racing and facilities at the state fairgrounds, and $125,000 for grants to county fairs and Johnson County parks to support standardbred racing.
-
Restores provisions for distributing 50% of remaining standardbred funds (after initial allocations) to standardbred purses at 96.5% and horsemen's associations at 3.5%, and the other 50% to the standardbred breed development fund.
-
Takes effect upon passage and declares an emergency for the bill.
-
Prepared by the code revision commission as a technical correction to restore inadvertently deleted statutory language.
Legislative Description
Code revision correction. Corrects a word processing error by restoring two provisions concerning the distribution of money for standardbred purposes that were inadvertently omitted from IC 4-35-7-12 when that statute was last amended in 2016. (The introduced version of this bill was prepared by the code revision commission.)
Last Action
First reading: referred to Committee on Judiciary
2/6/2018