HB 2575 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

Provides that, upon making a determination that an individual or licensee has violated a commission rule, the board of stewards may assess a fine, suspend or revoke a person's license, or any combination of these penalties. The commission must adopt by rule standard penalties for a rules violation.

Requires all fines collected to be deposited in the Washington horse racing commission class C purse fund account, created in this act, and used as authorized in RCW 67.16.105(3).

Creates the Washington horse racing commission Washington bred owners' bonus fund account in the custody of the state treasurer.

Creates the Washington horse racing commission operating account in the custody of the state treasurer. All receipts collected by the commission under RCW 67.16.105(2) must be deposited into the account.

Creates the Washington horse racing commission class C purse fund account in the custody of the state treasurer. All receipts from RCW 67.16.105(3) must be deposited into the account.