S0711B1460A04259     MSP:CDM  10/03/09     #90        A04259

AMENDMENTS TO SENATE BILL NO. 711 (As amended by A04106)

Sponsor: REPRESENTATIVE DALEY

Printer's No. 1460

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Amend Bill, page 1, lines 25 through 29; page 2, line 1 

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(A04106), by striking out all of said lines on said pages and

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inserting

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Amend Bill, page 170, line 17, by inserting a bracket before

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"(i)"

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Amend Bill, page 170, line 17, by inserting a bracket after

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"percent" and inserting immediately thereafter

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(i)  (A)  From licensees that operate at thoroughbred

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tracks, 80%

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Amend Bill, page 170, by inserting between lines 24 and 25

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(B)  From licensees that operate at standardbred

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tracks, 64% shall be deposited weekly into a

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separate, interest-bearing purse account to be

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established by and for the benefit of the horsemen.

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The earned interest on the account shall be credited

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to the purse account. Licensees shall combine these

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funds with revenues from existing purse agreements to

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fund purses for live races consistent with those

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agreements with the advice and consent of the

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horsemen. A minimum of one-sixth of the amount of

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those purses shall be used for live races limited to

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harness horses that are regularly stabled in this

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Commonwealth, are greater than three years of age and

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were sired by a standardbred stallion regularly

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standing in this Commonwealth.

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(C)  From licensees that operate at standardbred

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tracks, 16% shall be deposited on a monthly basis

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into the Pennsylvania Sire Stakes Fund as defined in

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section 224 of the Race Horse Industry Reform Act.

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Amend Bill, page 3, line 7 (A04106), by striking out "Eighty-

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three" and inserting

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For licensees that operate at thoroughbred tracks,

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eighty-three

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Amend Bill, page 3, lines 17 through 23 (A04106), by striking

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out "For" in line 17 and all of lines 18 through 23 and

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inserting

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For licensees that operate at standardbred tracks, 67 1/3% shall

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be deposited weekly into a separate, interest-bearing purse

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account to be established by and for the benefit of the

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horsemen. The earned interest on the account shall be credited

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to the purse account. Licensees shall combine these funds with

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revenues from existing purse agreements to fund purses for live

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races consistent with those agreements with the advice and

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consent of the horsemen. A minimum of one-sixth of the amount of

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those purses shall be used for live races limited to harness

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horses that are regularly stabled in this Commonwealth, are

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greater than three years of age and were sired by a standardbred

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stallion regularly standing in this Commonwealth. From licensees

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that operate at standardbred tracks, 16% shall be deposited on a

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monthly basis into the Pennsylvania Sire Stakes Fund as defined

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in section 224 of the Race Horse Industry Reform Act.