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ENGROSSED
HOUSE BILL 1845
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AS
AMENDED BY THE SENATE
Passed
Legislature - 1993 Regular Session
State of Washington 53rd
Legislature 1993 Regular Session
By
Read
first time 02/12/93. Referred to Committee on Commerce & Labor.
Rereferred
on 02/12/93 to Committee on Revenue.
Modifying certain horse racing purses.
AN ACT Relating to horse racing purses;
amending RCW 67.16.105; creating a new section; and declaring an emergency.
BE
IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. It
is the intent of the legislature that one-half of those moneys that would
otherwise have been paid into the Washington thoroughbred racing fund be
retained for the purpose of enhancing purses, excluding stakes purses, until
that time as a permanent thoroughbred racing facility is built and operating in
western Washington. It is recognized by the Washington legislature that the
enhancement in purses provided in this legislation will not directly benefit
all race tracks in Washington. It is the legislature's intent that the horse
racing commission work with the horse racing community to ensure that this
opportunity for increased purses will not inadvertently injure horse racing at
tracks not directly benefiting from this legislation.
Sec. 2.
RCW 67.16.105 and 1991 c 270 s 6 are each amended to read as follows:
(1) Licensees of race meets that are nonprofit
in nature, are of ten days or less, and have an average daily handle of one
hundred twenty thousand dollars or less shall withhold and pay to the commission
daily for each authorized day of racing one-half percent of the daily gross
receipts from all parimutuel machines at each race meet.
(2) Licensees of race meets that do not fall
under subsection (1) of this section shall withhold and pay to the commission
daily for each authorized day of racing the following applicable percentage of
all daily gross receipts from all parimutuel machines at each race meet:
(a) If the daily gross receipts of all
parimutuel machines are more than two hundred fifty thousand dollars, the
licensee shall withhold and pay to the commission daily two and one-half
percent of the daily gross receipts; and
(b) If the daily gross receipts of all
parimutuel machines are two hundred fifty thousand dollars or less, the
licensee shall withhold and pay to the commission daily one percent of the
daily gross receipts.
(3) In addition to those amounts in subsections
(1) and (2) of this section, all licensees shall forward one-tenth of one
percent of the daily gross receipts of all parimutuel machines to the
commission daily for payment to those nonprofit race meets as set forth in RCW
67.16.130 and subsection (1) of this section, but said percentage shall not be
charged against the licensees. The total of such payments shall not exceed one
hundred fifty thousand dollars in any one year and any amount in excess of one
hundred fifty thousand dollars shall be remitted to the general fund. Payments
to nonprofit race meets under this subsection shall be distributed on a pro
rata per-race-day basis and used only for purses at race tracks that have been
operating under RCW 67.16.130 and subsection (1) of this section for the five
consecutive years immediately preceding the year of payment.
(4) In addition to those sums paid to the
commission in subsection (2) of this section, licensees who are nonprofit
corporations and have race meets of thirty days or more shall withhold and pay
to the commission daily for each authorized day of racing an amount equal to ((two))
one and ((one-half)) one-quarter percent of the daily
gross receipts of all parimutuel machines at each race meet. Said percentage
shall come from that amount the licensee is authorized to retain under RCW
67.16.170(2). The commission shall deposit these moneys in the Washington
thoroughbred racing fund created in RCW 67.16.250.
(5) The additional one and one-quarter
percent of the moneys allowed to be retained by this section must be used for
increased purses. The commission shall adopt such rules as may be necessary to
enforce this subsection.
(6) Effective January 1, 1994, the amount of
daily gross receipts withheld and paid to the commission, as set out in
subsection (4) of this section, shall revert to two and one-half percent of the
daily gross receipts of all parimutuel machines at each race meet.
NEW SECTION. Sec. 3.
This act is necessary for the immediate preservation of the public peace,
health, or safety, or support of the state government and its existing public
institutions, and shall take effect immediately.
