Bill Text: CA AB1723 | 2017-2018 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Horse Racing Law.
Spectrum: Committee Bill
Status: (Passed) 2017-10-02 - Chaptered by Secretary of State - Chapter 420, Statutes of 2017. [AB1723 Detail]
Download: California-2017-AB1723-Introduced.html
and the respective Senate and Assembly Committees on Governmental Organization,
accounting for the receipt and expenditure of these funds on an annual basis. The board of directors of the owners’ organization shall have the discretion to select the national marketing organization that shall be the recipient of these funds. If the board of directors of the owners’ organization decides at any time not to contribute to the national marketing organization, notice shall be given promptly to the respective racing association or associations and the 13/4 percent deduction shall cease until the owners’ organization decides otherwise. such money those moneys in the State Treasury to the credit of the General Fund.
Bill Title: Horse Racing Law.
Spectrum: Committee Bill
Status: (Passed) 2017-10-02 - Chaptered by Secretary of State - Chapter 420, Statutes of 2017. [AB1723 Detail]
Download: California-2017-AB1723-Introduced.html
CALIFORNIA LEGISLATURE—
2017–2018 REGULAR SESSION
Assembly Bill | No. 1723 |
Introduced by Committee on Governmental Organization (Assembly Members Gray (Chair), Bigelow (Vice Chair), Acosta, Aguiar-Curry, Bocanegra, Brough, Cooley, Cooper, Daly, Gallagher, Gipson, Kiley, Rubio, Salas, and Waldron) |
March 16, 2017 |
An act to amend Sections 19613.05 and 19640 of the Business and Professions Code, relating to horse racing.
LEGISLATIVE COUNSEL'S DIGEST
AB 1723, as introduced, Committee on Governmental Organization.
Horse Racing Law.
Existing law, the Horse Racing Law, generally regulates horse racing and vests the administration and enforcement of the Horse Racing Law in the California Horse Racing Board. Existing law, until January 1, 2018, requires any racing association, including a fair, that conducts thoroughbred racing to pay to the owners’ organization contracting with the association with respect to the conduct of thoroughbred racing an additional 13/4% of the portion required to be deducted for purses for a national marketing program, as specified. Existing law requires an owners’ organization to annually file a report with the board and specified committees of the Legislature accounting for the receipt and expenditure of these funds.
This bill
would not require the owners’ organization to file the report with the legislative committees.
Existing law provides that all money representing penalties or fines imposed by the stewards of a horse race meeting be collected by the licensee of the meeting and paid to the board within 10 days after its close.
This bill would clarify that the moneys be paid to the board within 10 business days.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 19613.05 of the Business and Professions Code is amended to read:19613.05.
(a) Any association, including a fair, that conducts thoroughbred racing shall pay to the owners’ organization, contracting with the association with respect to the conduct of thoroughbred racing, an additional 13/4 percent of the portion deducted for purses, required by Section 19613, for a national marketing program. These funds shall be used exclusively for the promotion of thoroughbred racing in conjunction with a national thoroughbred racing marketing program. Funds that may not be needed for this effort shall be returned to the purse pool at the racing associations where these funds were raised in direct proportion to the amount in which they were initially raised. The owners’ organization shall file a report with the board(b)This section shall remain in effect only until January 1, 2018, and as of that date is repealed, unless a later enacted statute, that is enacted before January 1, 2018, deletes or extends that date.
(b) This section shall remain in effect only until January 1, 2018, and as of that date is repealed, unless a later enacted statute that is enacted before January 1, 2018, deletes or extends that date.