AN ACT Relating to parimutuel satellite wagering; amending RCW 67.16.105 and 67.16.170; reenacting and amending RCW 67.16.175; and repealing RCW 67.16.200, 67.16.210, 67.16.220, 67.16.230, and 67.16.240.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. Section 6, chapter 31, Laws of 1979 as last amended by section 4, chapter 347, Laws of 1987 and RCW 67.16.105 are each amended to read as follows:

((~~Except as provided for satellite wagers in RCW 67.16.210,~~)) The licensee shall 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:

(1) One-half percent of the daily gross receipts, if the daily gross receipts are two hundred thousand dollars or less;

(2) One percent of the daily gross receipts, if the daily gross receipts are two hundred thousand one dollars to four hundred thousand dollars; and

(3) Four percent of the daily gross receipts if the daily gross receipts are four hundred thousand one dollars or more.

Sec. 2. Section 5, chapter 31, Laws of 1979 as last amended by section 2, chapter 347, Laws of 1987 and RCW 67.16.170 are each amended to read as follows:

((~~Except as provided for satellite wagers in RCW 67.16.220,~~)) Race meets which have gross receipts of all parimutuel machines for each authorized day of racing may retain the following from the daily gross receipts of all parimutuel machines:

(1) On a daily handle of two hundred thousand dollars or less, the licensee shall retain fourteen and one-half percent of such gross receipts;

(2) On a daily handle of two hundred thousand one dollars to four hundred thousand dollars, the licensee shall retain fourteen percent of such gross receipts; and

(3) On a daily handle of four hundred thousand one dollars or more, the licensee shall retain eleven percent of such gross receipts.

Sec. 3. Section 1, chapter 135, Laws of 1981 as last amended by section 3, chapter 347, Laws of 1987 and by section 1, chapter 453, Laws of 1987 and RCW 67.16.175 are each reenacted and amended to read as follows:

(1) ((~~Except as provided for satellite wagers in RCW 67.16.210 and 67.16.220,~~)) Daily gross receipts of all parimutuel machines from wagers on exotic races shall be distributed according to this section:

(a) In addition to the amounts set forth in RCW 67.16.105, an additional two and five-tenths percent of gross receipts on races with two or more selections and three and five-tenths percent of gross receipts on races with three or more selections shall be paid to the commission. The commission shall retain thirty-one percent of the additional percentages from exotic races and shall forward the balance to the state treasurer daily for deposit in the general fund.

(b) In addition to the amounts authorized to be retained in RCW 67.16.170, race meets may retain an additional three percent of the daily gross receipts of all parimutuel machines from wagers on exotic races requiring two selections to be used as provided in subsection (2) of this section.

(c) In addition to the amounts authorized to be retained in RCW 67.16.170, race meets may retain an additional six percent of the daily gross receipts of all parimutuel machines from wagers on exotic races requiring three or more selections to be used as provided in subsection (2) of this section.

(2) Of the amounts retained in subsection (1) (b) and (c) of this section, one percent shall be used for Washington-bred breeder awards, not to exceed twenty percent of the winner's share of the purse.

(3) Any portion of the remaining moneys retained in subsection (1) (b) and (c) of this section shall be shared equally by the race track and participating horsemen. The amount shared by participating horsemen shall be in addition to and shall not supplant the customary purse structure between race tracks and participating horsemen.

(4) As used in this section, "exotic races" means any multiple wager. Exotic races are subject to approval of the commission.

NEW SECTION. Sec. 4. The following acts or parts of acts are each repealed:

(1) Section 1, chapter 347, Laws of 1987 and RCW 67.16.200;

(2) Section 5, chapter 347, Laws of 1987 and RCW 67.16.210;

(3) Section 6, chapter 347, Laws of 1987 and RCW 67.16.220;

(4) Section 7, chapter 347, Laws of 1987 and RCW 67.16.230; and

(5) Section 8, chapter 347, Laws of 1987 and RCW 67.16.240.