FINAL BILL REPORT
SHB 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. |
C 62 L 14
Synopsis as Enacted
Brief Description: Removing the requirements that all fines collected be credited to the Washington horse racing commission class C purse fund account.
Sponsors: House Committee on Appropriations Subcommittee on General Government & Information Technology (originally sponsored by Representatives Schmick, Cody and Buys; by request of Horse Racing Commission).
House Committee on Appropriations Subcommittee on General Government & Information Technology
Senate Committee on Commerce & Labor
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. Receipts from these fines must 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:
Receipts from fines must be deposited and retained in the Horse Racing Commission Operating Account and used to support nonprofit racing.
Votes on Final Passage:
House | 97 | 0 | |
Senate | 48 | 1 |
Effective: | June 12, 2014 |