State of Texas – Fiscal Management

Manual of Accounts

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Revenue Object 3194 – Outstanding Wagering Tickets (Outs) – Horses and Greyhounds
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Repealed

This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Legal Citations:
  • Vernon's Civil Statutes art. 179e sec. 3.07
Revenue Type: Cash — Business Regulation
Origin Date: 1987 by S.B. 15, 69th Leg., 2nd C.S., November 3, 1987 Ballot
Issue Date: 1990-12-06
Revised Date: 2015-11-02

Description


To pay the charges associated with medication or drug testing, the association may use the money retained on tickets that are purchased as wagers on winning horses or greyhounds that are not cashed.



Due Date


As established by the Texas Racing Commission rules, not later than the 90th day after the closing of a race meeting.



Collecting Agencies




Notes


The code became effective for fees beginning 9-1-90.

Amended by H.B. 2701 80th Leg., R.S.

H.B. 2271, 82nd Leg., R.S. removed outs as a source of revenue to the commission.



USAS Values


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