Bill Text: CA AB2736 | 2021-2022 | Regular Session | Introduced

California Assembly Bill 2736 (Prior Session Legislation)

Introduced

Bill Title: Horse racing: Breeders’ Cup World Championship.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2022-08-30 - Ordered to inactive file at the request of Senator Dodd. [AB2736 Detail]

Download: California-2021-AB2736-Introduced.html

CALIFORNIA LEGISLATURE— 2021–2022 REGULAR SESSION

Assembly Bill

No. 2736

Introduced by Assembly Member Santiago

February 18, 2022

An act to amend Section 19605.74 of the Business and Professions Code, relating to horse racing.

LEGISLATIVE COUNSEL'S DIGEST

AB 2736, as introduced, Santiago. Horse racing: Breeders’ Cup World Championship.

Existing law requires, for every year that the Breeders’ Cup World Championship series is conducted at a race meeting in California, that specified amounts that would have otherwise been distributed to a purse account be made available to the organization operating the series for the purpose of promoting and supporting the Breeders’ Cup World Championship.

This bill would instead require these amounts to be available to the thoroughbred racing association hosting the Breeders’ Cup World Championship as well as to the organization operating the series.

Existing law requires the thoroughbred racing association hosting the Breeders’ Cup World Championship to enter into a written agreement, in consultation and cooperation with the California Tourism Commission and a specified statewide marketing organization, with the organization that operates the Breeders’ Cup World Championship regarding the manner in which funds set aside to support and promote the Breeders’ Cup World Championship are to be expended.

This bill would delete the requirement for participation of the specified statewide marketing organization in this agreement.

Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO

The people of the State of California do enact as follows:

SECTION 1.

Section 19605.74 of the Business and Professions Code is amended to read:

19605.74.

For every year that the organization operating the Breeders’ Cup World Championship series chooses to conduct the Breeders’ Cup World Championship at a race meeting in California, the following, notwithstanding any other law, shall apply to the race meeting conducting the Breeders’ Cup World Championship races on days during which ~~Breeders’ Cup~~ those races are conducted:

(a) The amounts that would have otherwise been distributed to a purse account pursuant to subdivisions (a), (b), (c), and (d) of Section 19601.02 shall be ~~made~~ available to the thoroughbred racing association hosting the Breeders’ Cup World Championship and the organization operating the Breeders’ Cup World Championship series for the purpose of promoting and supporting the Breeders’ ~~Cup,~~ Cup World Championship, including the payment of purses in Breeders’ Cup World Championship races.

(b) The thoroughbred racing association hosting the Breeders’ Cup World Championship shall enter into a written agreement, in consultation and cooperation with the California Tourism ~~Commission and the statewide marketing organization formed pursuant to Section 19605.73,~~ Commission, with the organization that operates the Breeders’ Cup World Championship regarding the manner in which the funds set aside to support and promote the Breeders’ Cup World Championship are to be expended.

(c) Within 90 days after the holding of ~~each~~ a Breeders’ ~~Cup,~~ Cup World Championship event, a written report that includes a parimutuel audit shall be made to the board detailing the manner in which the set-aside funds were ~~utilized~~ used to promote and support the Breeders’ ~~Cup,~~ Cup World Championship, including the payment of purses in Breeders’ Cup World Championship races.

(d) Notwithstanding any other law, on days during which Breeders’ Cup World Championship races are conducted in California, the board may authorize parimutuel wagering on Breeders’ Cup World Championship races to be run at the host venue and on one nonthoroughbred race specified in the host venue’s license application approved by the board. Amounts deducted and distributed pursuant to this chapter from wagering on the specified nonthoroughbred race shall be deducted and distributed as if the wagers were placed on a thoroughbred race.