Washington State House of Representatives Office of Program Research | BILL ANALYSIS |
Appropriations Subcommittee on General Government & Information Technology |
HB 2125
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
Brief Description: Removing the requirements that all fines collected be credited to the Washington horse racing commission class C purse fund account.
Sponsors: Representatives Schmick, Cody and Buys; by request of Horse Racing Commission.
Brief Summary of Bill |
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Hearing Date: 1/29/14
Staff: Derek Rutter (786-7157).
Background:
The Washington Horse Racing Commission (Commission) is responsible for licensing, regulating, and supervising horse racing in the state.
The Commission may collect fines from licensees who violate Commission rules. Current statute requires receipts from these fines be credited to the Class C Purse Fund. The Class C Purse Fund also receives one-tenth of 1 percent of daily gross receipts of in-state pari-mutuel machines and is used for purse awards for qualifying nonprofit race meets.
Summary of Bill:
The Commission is no longer required to deposit fine collections into the Class C Purse Fund.
Appropriation: None.
Fiscal Note: Available.
Effective Date: The bill takes effect 90 days after adjournment of the session in which the bill is passed.