Issue Date: 1991-10-02
Revised Date: 2019-09-01

Legal Cites

Object Type

Cash — Business Regulation

Origin Date

August 26, 1991 by H.B. 2263, 72nd Leg., R.S.

Description

A greyhound racing association shall distribute from the total amount deducted as provided by Section 2028.101 and 2028.152 from each simulcast pari-mutuel pool and each simulcast cross-species pari-mutuel pool the following shares:

  1. an amount equal to one percent of each simulcast pari-mutuel pool;
  2. an amount equal to 1.25 percent of each simulcast cross-species pari-mutuel pool and;
  3. one percent of multiple two or three wagering pool for the Texas-bred program.

Due Date

As established by Comptroller rule.

Note

Codified 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 6.091.

Previously deposited as the state's share to General Revenue. Deposit changed by H.B. 1995, 86th Leg., R.S. Texas-bred program and Fund 0327 added by H.B. 3366, 86th Leg., R.S.

USAS Values

Appropriation Year 20
USAS Title RACE POOL-ST-GREYHD,SIMULCAST PARIMUTUEL
Receipt Category 03 – Business Regulation
Receipt Type 10 – Business/Professional Fees
Object Group 30 – Revenues
USAS Status A
Rev/Exp Category 01 – LICENSES, FEES, FINES, AND PENALTIES