Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Other Code Provisions

Business and Professions Code

DIVISION 8. SPECIAL BUSINESS REGULATIONS

Chapter 4. Horse Racing

Article 9.2. Satellite Wagering

Section 19605.72

19605.72. Additional amounts. (a) In addition to the amounts deducted and distributed pursuant to Section 19605.7, an amount equal to 1.25 percent of the total amount handled on thoroughbred races conducted by, or disseminated by, a thoroughbred racing association or fair at a satellite facility that is located on the premises where, and on days when, harness races are being conducted in the northern zone, shall be paid to the harness racing association and thereafter shall be distributed as purses to the harness horsemen racing at the harness racing meeting.

(b) In addition to the amounts deducted and distributed pursuant to Section 19605.71, an amount equal to 1.25 percent of the total amount handled on thoroughbred races conducted by, or disseminated by, a thoroughbred racing association or fair at a satellite facility that is located on the premises where, and during calendar periods when, quarter horse or harness race meetings are being conducted in Orange County, shall be distributed as purses to the horsemen racing at the quarter horse or harness racing meeting.

History.—Added by Stats. 1998, Ch. 335 (SB 27), in effect January 1, 1999. Stats. 2007, Ch. 613 (AB 765), in effect January 1, 2008, deleted "by an organization described in Section 19608.2" after "shall be paid" in the first sentence of subdivision (a) and added "and" after "premises where," in the first sentence of subdivision (b).