Bill Text: OR HB2614 | 2013 | Regular Session | Introduced
Bill Title: Relating to moneys received by the Oregon Racing Commission.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2013-07-08 - In committee upon adjournment. [HB2614 Detail]
Download: Oregon-2013-HB2614-Introduced.html
77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session NOTE: Matter within { + braces and plus signs + } in an amended section is new. Matter within { - braces and minus signs - } is existing law to be omitted. New sections are within { + braces and plus signs + } . LC 1895 House Bill 2614 Sponsored by Representative CLEM (at the request of Portland Meadows, Oregon Thoroughbred Owners and Breeders Association, Oregon Horsemen's Benevolent Protective Association, Oregon Quarter Horse Racing Association) (Presession filed.) SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor's brief statement of the essential features of the measure as introduced. Increases share of moneys retained by Oregon Racing Commission from payments received by commission from gross receipts of mutuel wagering recorded by totalizator system. A BILL FOR AN ACT Relating to moneys received by the Oregon Racing Commission; creating new provisions; and amending ORS 462.725. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 462.725 is amended to read: 462.725. (1) Notwithstanding any other provision of this chapter, the Oregon Racing Commission may develop and adopt rules to license and regulate all phases of operation of ' Multi-Jurisdictional Simulcasting and Interactive Wagering Totalizator Hubs' located in Oregon. In addition to the other rules of operation adopted by the commission, the commission shall adopt a rule setting the amount that may be taken from the gross receipts of the multi-jurisdictional mutuel system. (2) All employees working in Oregon and all officers of any ' Multi-Jurisdictional Simulcasting and Interactive Wagering Totalizator Hubs' located and operating in Oregon must obtain a license from the Oregon Racing Commission prior to the commencement of business or employment. The commission shall adopt rules establishing license fees for the employees and officers, not to exceed $30 per year. (3) Payments to be made to the Oregon Racing Commission include: (a) 'Multi-Jurisdictional Simulcasting and Interactive Wagering Totalizator Hub' license fee not more than $200 per operating day. (b) Not more than one percent of total gross receipts of mutuel wagering recorded by the totalizator system. (4) Of the moneys received by the Oregon Racing Commission under subsection (3)(b) of this section, { - 33-1/3 - } { + 15 + } percent shall be paid to the State Treasurer for deposit in the General Fund and { - 66-2/3 - } { + 85 + } percent shall be retained by the commission. The Oregon Racing Commission may adopt rules under which the moneys retained by the commission may be distributed for the benefit of the Oregon pari-mutuel racing industry. SECTION 2. { + The amendments to ORS 462.725 by section 1 of this 2013 Act apply to payment moneys received by the Oregon Racing Commission on or after the effective date of this 2013 Act. + } ----------