Tex. Occ. Code § 2028.103 · Subchapter C. DISPOSITION OF HORSE PARI-MUTUEL POOLS AND OTHER AMOUNTS RELATED TO HORSE RACING
SET-ASIDE FOR TEXAS-BRED PROGRAM.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A horse racetrack association shall set aside for the Texas-bred program and pay to the commission an amount equal to one percent of a live multiple two wagering pool and a live multiple three wagering pool. From the set-aside amounts:
(1) two percent shall be set aside for purposes of Subchapter F, Chapter 88, Education Code; and
(2) the remaining amount shall be allocated as follows:
(A) 10 percent may be used by the appropriate state horse breed registry for administration; and
(B) the remainder shall be used for awards.
(a-1) The commission shall deposit money paid to the commission under Subsection (a) into the Texas-bred incentive fund established under Section 2028.301. The commission shall distribute the money collected under this section and deposited into the fund to the appropriate state horse breed registries for the Texas-bred program in accordance with rules adopted under Subsection (c).
(b) The amount set aside under Subsection (a) is in addition to any money received from the breakage.
(c) The commission shall adopt rules relating to the deposit, accounting, auditing, and distribution of all amounts set aside for the Texas-bred program under this subchapter and for the use of those amounts by the state breed registries under that program.
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.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1366 (H.B. 3366), Sec. 3, eff. September 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 17301227d98b684577803c1faf2b301054d423139fe339e5ef47c3aa4492dbe2
- 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.
Cited by 6 provisions
Provisions in this library whose text cites Tex. Occ. Code § 2028.103. Each shows the citation as that text prints it.
Education Code
Occupations Code
- Tex. Occ. Code § 2028.101DEDUCTIONS FROM HORSE PARI-MUTUEL POOLS.Printed as Sections 2028.102, 2028.103, and 2028.104
- Tex. Occ. Code § 2028.104RACETRACK ASSOCIATION COMMISSION.Printed as Sections 2028.102 and 2028.103
- Tex. Occ. Code § 2028.105ALLOCATION OF BREAKAGE.Printed as Section 2028.103
- Tex. Occ. Code § 2028.107LIMITATION ON INCENTIVES AWARDED TO CERTAIN HORSES.Printed as Sections 2028.103(a) and 2028.105(d) | Sections 2028.103(a) and 2028.105(d)(2)
- Tex. Occ. Code § 2028.202REQUIRED DISTRIBUTIONS.Printed as Section 2028.103
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