Tex. Occ. Code § 2031.004 · Chapter 2031. TEXAS DERBIES
TEXAS DERBY ESCROW PURSE FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commission shall establish a Texas Derby escrow purse fund.
(b) Notwithstanding Section 2023.053 or 2024.055 or any other law, the commission by rule shall determine a portion of the fees, charges, and other revenue collected under this subtitle to be deposited to the credit of the Texas Derby escrow purse fund in the amount reasonably necessary to maintain competitive purses for each Texas Derby.
(c) The commission shall by rule establish a schedule of entrance fees for participants in each Texas Derby. A portion of each entrance fee, in the amount determined by the commission under Subsection (b), shall be deposited in the Texas Derby escrow purse fund.
(d) The commission by rule may assess under this subtitle additional charges and fees, including gate fees, to supplement the funds otherwise deposited in the Texas Derby escrow purse fund under this section.
(e) The commission may not:
(1) use funds from the accredited Texas-bred program under Subchapter A, Chapter 2030, or the escrowed purse account under Section 2028.204 to fund the Texas Derby escrow purse fund; or
(2) order a state horse breed registry to fund a purse for a Texas Derby, make contributions to the Texas Derby escrow purse fund, or pay the expenses of a Texas Derby race.
(f) State revenue may not be deposited to the credit of the Texas Derby escrow purse fund except as provided by this section.
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.2031.htm
- Text hash
- sha256 68bf0673f9e60ede288e3bf051c310c595221477822a9b21c8e58055ad6e5bd8
- 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 § 2023.053TEXAS RACING COMMISSION FUND; ADDITIONAL APPROPRIATIONS.Printed as Section 2023.053 or 2024.055
- Tex. Occ. Code § 2024.055DEPOSIT OF STATE'S SHARE.Printed as Section 2023.053 or 2024.055
- Tex. Occ. Code § 2028.204ALLOCATION OF MONEY IN ESCROW ACCOUNTS.Printed as Section 2028.204
- Tex. Occ. Code ch. 2030, subch. ATEXAS-BRED HORSES; BREED REGISTRIES; RACINGPrinted as Subchapter A, Chapter 2030
Cited by 1 provision
Provisions in this library whose text cites Tex. Occ. Code § 2031.004. Each shows the citation as that text prints it.
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