Tex. Occ. Code § 2028.101 · Subchapter C. DISPOSITION OF HORSE PARI-MUTUEL POOLS AND OTHER AMOUNTS RELATED TO HORSE RACING
DEDUCTIONS FROM HORSE PARI-MUTUEL POOLS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A horse racetrack association shall deduct an amount from each pari-mutuel pool to be distributed as provided by Sections 2028.102, 2028.103, and 2028.104.
(b) The total maximum deduction under Subsection (a) is:
(1) 18 percent from a regular wagering pool;
(2) 21 percent from a multiple two wagering pool; and
(3) 25 percent from a multiple three wagering pool.
Notes and commentary — not statutory text
History
Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969), Sec. 1.01, eff. April 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2028.htm
- Text hash
- sha256 5f921d99b288dcfef0bde7c71b033495e5f4eadf3d77bbec5b839b80763aa813
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Occupations Code
- Tex. Occ. Code § 2028.102HORSE RACETRACK ASSOCIATION SET-ASIDES FOR PURSES; PURSE ACCOUNTS.Printed as Sections 2028.102, 2028.103, and 2028.104
- Tex. Occ. Code § 2028.103SET-ASIDE FOR TEXAS-BRED PROGRAM.Printed as Sections 2028.102, 2028.103, and 2028.104
- Tex. Occ. Code § 2028.104RACETRACK ASSOCIATION COMMISSION.Printed as Sections 2028.102, 2028.103, and 2028.104
Cited by 2 provisions
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