California Business and Professions Code

§ 19610.1

BPC § 19610.1 Effective Sep 30, 1984Div. 8 · Ch. 4 · Art. 9.5

Statute text

Every association which conducts a harness racing meeting and deducts 17.75 percent of the total amount handled in exotic parimutuel pools shall use 1 percent of the total amount handled in the exotic parimutuel pools to fund the California Standardbred Sires Stakes Program. The 1 percent shall be deposited into the separate trust account provided for in Section 19619.

Legislative history

Added by Stats. 1984, Ch. 1739, Sec. 2. Effective September 30, 1984.