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7 LONG TITLE
8 General Description:
9 This bill modifies provisions related to horse racing.
10 Highlighted Provisions:
11 This bill:
12 ▸ defines terms;
13 ▸ addresses the Horse Racing Account, including sources of revenues for the account
14 and the purposes for which money in the account may be used; and
15 ▸ makes technical changes.
16 Money Appropriated in this Bill:
17 This bill appropriates in fiscal year 2023:
18 ▸ to General Fund Restricted -- Horse Racing Account, as an ongoing appropriation:
19 • from the General Fund, $2,000,000.
20 Other Special Clauses:
21 This bill provides a special effective date.
22 Utah Code Sections Affected:
23 AMENDS:
24 4-38-102, as last amended by Laws of Utah 2019, Chapter 239
25 4-38-402, as renumbered and amended by Laws of Utah 2017, Chapter 345
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27 Be it enacted by the Legislature of the state of Utah:
28 Section 1. Section 4-38-102 is amended to read:
29 4-38-102. Definitions.
30 As used in this chapter:
31 (1) (a) "Breeder award" means money distributed by the commission to promote the
32 improved breeding and development of the horse industry in Utah.
33 (b) "Breeder award" includes a purse enhancement of races of Utah bred horses.
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35 chapter.
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38 of horse.
39 (5) "Purse" means the prize money divided among the owners of horses that finish in
40 specified positions in a race.
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42 approved to hold horse races.
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44 commission for the racing of horses, including the track surface, grandstands, clubhouse, all
45 animal housing and handling areas, and other areas in which a person may enter only upon
46 payment of an admission fee or upon presentation of authorized credentials.
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48 breed association.
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50 the time the dam was bred.
51 Section 2. Section 4-38-402 is amended to read:
52 4-38-402. Horse Racing Account created -- Contents -- Use of account money.
53 (1) There is created within the General Fund a restricted account known as the "Horse
54 Racing Account."
55 (2) The Horse Racing Account consists of:
56 (a) license fees collected under this chapter;
57 (b) revenue from fines imposed under this chapter; [
58 (c) appropriations of the Legislature; and
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60 (3) Upon appropriation by the Legislature, money from the [
61 Account shall be used for:
62 (a) in an aggregate amount each fiscal year of no more than 10% of account money, the
63 administration of this chapter, including paying the costs of:
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68 (b) in an aggregate amount each fiscal year of at least 50% of account money, the
69 distribution of purses as allocated by the commission in accordance with Section 4-38-401; and
70 (c) in an aggregate amount each fiscal year of at least 40% of account money, the
71 distribution by the commission of breeder awards.
72 Section 3. Appropriation.
73 The following sums of money are appropriated for the fiscal year beginning July 1,
74 2022, and ending June 30, 2023. These are additions to amounts previously appropriated for
75 fiscal year 2023. Under the terms and conditions of Title 63J, Chapter 1, Budgetary Procedures
76 Act, the Legislature appropriates the following sums of money from the funds or accounts
77 indicated for the use and support of the government of the state of Utah.
78 ITEM 1
79 To General Fund Restricted -- Horse Racing Account
80 From General Fund
$2,000,000
81 Schedule of Programs:
82 General Fund Restricted -- Horse Racing Account $2,000,000
83 Section 4. Effective date.
84 This bill takes effect on July 1, 2022.