Kan. Admin. Regs. § 112-12-15 - Live horse racing purse supplement fund
(a) The balance of the money credited to the
live horse racing purse supplement fund that is subject to distribution
pursuant to
K.S.A.
74-8767(a)(3), and
amendments thereto, shall be apportioned by the commission to purses for the
various horse breeds according to the following formula:
(1) One-third based on the average percentage
of each breed's Kansas-bred horse starters at Kansas racetracks for the
previous three calendar years;
(2)
one-third based on the average percentage of each breed's Kansas-certified
horses for the previous three calendar years; and
(3) one-third based on average percentage of
each breed's non-Kansas-bred starters at Kansas racetracks for the previous
three calendar years.
(b) The official registering agency pursuant
to K.S.A.
74-8830, and amendments thereto, shall submit
a recommendation to the commission for approval of the amount of all proposed
payments pursuant to
K.S.A.
74-8767(a)(3), and
amendments thereto, based on the contribution to the Kansas horse racing and
breeding industries and recommendations by each respective breed group. The
commission's staff may also submit a recommendation to the commission under
this subsection.
(c) The proposed
amount of the distribution shall be submitted to the commission for approval no
later than March 1 of each distribution year.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.