Since January 1, 1999, a greyhound racing association shall set aside for the state 1% of each live pari-mutuel pool from the total amount of pools in excess of $100 million but less than $200 million. For total pool amounts between $200 million and $300 million, 2% is set aside. For each additional $100 million increment an additional 1% is set aside. Capped at 5%.

Additionally, an association shall set aside 1% of live multiple two and three wagering pool for the Texas-bred program.

As established by Comptroller rule.

Prior to January 1, 1999 an association was required to pay to the state 2% of each live pari-mutuel pool, from the first $100 million of the total amount in a calendar year. For each subsequent $100 million pari-mutuel total, the state was paid an additional 1%. Capped at 5%.

Amended by H.B. 2263, 72nd Leg., R.S.

Amended by H.B. 11, 72nd Leg., 1st C.S., contingent on passage of HJR8, 72nd Leg., 1st C.S.

Recodified by S.B. 1969, 85th Leg., R.S. effective April 1, 2019. Previously under Texas Revised Civil Statutes, Art. 179e sec. 3.09(a) and 6.093.

H.B. 3366, 86th Leg., R.S. changed Texas-bred revenue deposit to Fund 0327.