Tex. Occ. Code § 2028.205 · Subchapter E. DISTRIBUTION OF SIMULCAST PARI-MUTUEL POOLS
ADDITIONAL ALLOCATIONS FOR CERTAIN RACETRACKS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In addition to money allocated under Section 2028.204, a horse racetrack association operating a racetrack that is located not more than 75 miles from a greyhound racetrack that offers wagering on a cross-species simulcast signal and that sends the cross-species simulcast signal to the greyhound racetrack may apply to the commission for an allocation of up to 20 percent of the money in the escrowed account that is attributable to the wagering on a cross-species simulcast signal at the greyhound racetrack.
(b) If the applying horse racetrack association can prove to the commission's satisfaction that the racetrack association's handle has decreased directly due to wagering on an interstate cross-species simulcast signal at a greyhound racetrack located not more than 75 miles from the applying racetrack association, the commission shall allocate amounts from the escrowed account as the commission considers appropriate to compensate the racetrack association for the decrease. The amounts allocated may not exceed 20 percent of the money in the escrowed account that is attributable to the wagering on the interstate cross-species simulcast signal at the greyhound racetrack.
(c) Money allocated by the commission under this section may be used by the racetrack association for any purpose.
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. 6, 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 d61595e69ac80719b829830cacdc97d737403eb2eb85dd037447fa8cd7b54784
- 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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