Tex. Occ. Code § 2028.203 · Subchapter E. DISTRIBUTION OF SIMULCAST PARI-MUTUEL POOLS
REIMBURSEMENT FOR SIMULCAST SIGNAL COST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If a racetrack association purchases an interstate simulcast signal and the signal cost exceeds five percent of the pari-mutuel pool, the commission, from the escrowed account under Section 2028.202(b)(4), shall reimburse the racetrack association an amount equal to one-half of the signal cost that exceeds five percent of the pari-mutuel 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.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 1365 (H.B. 2463), Sec. 2, 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 84444b5323b40202c8084968e73dc889cf7bf66da58be8cc5ce2d5ac48ac9ff5
- 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
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